2000 (7) TMI 734 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Kolkata ruled in favor of the appellants in a case involving the enhancement of the value of imported Floppy Disk Drives. The Commissioner of Customs had increased the value from US $28.00 to US $31.00 per Floppy, but the Tribunal found the allegation of under-valuation unsustainable based on previous similar cases. The Tribunal allowed the appeal, setting aside the impugned order and providing consequential reliefs to the appellants.