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- Appeals against enhancement of value of imported components of VCRs and their confiscation. Analysis: The judgment involves two appeals filed by the assessee challenging the enhancement of value of imported VCR components and their confiscation. The matter had been remanded twice for proper adjudication. The Final Order Nos. 946-947/99-A highlighted the necessity for goods to be comparable in all particulars for valuation purposes. The Tribunal emphasized the need for a fresh examination based on contemporaneous evidence. The Commissioner's findings mentioned the unavailability of the original file and noted that valuation was done based on evidence available with the department and comparable invoices under Section 14 of the Customs Act, 1962. However, the Tribunal rejected this evidence as not comparable, concurring with the assessee's argument. Consequently, the appeals were allowed, and the value enhancement of the imported VCRs was deemed unjustified. In conclusion, the judgment underscores the importance of comparability in determining the value of imported goods. The Tribunal reiterated the requirement for goods to be comparable in all aspects for valuation purposes. The absence of evidence comparable in all particulars led to the rejection of the value enhancement of the imported VCR components. The decision highlights the significance of contemporaneous evidence and proper examination in valuation disputes. The judgment serves as a reminder of the procedural diligence required in customs valuation cases and the need for adherence to legal standards for determining import values.
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