2012 (9) TMI 784 - AT - Customs

Second-hand goods - Enhancement of value of goods - Revenue wants to enhance the value of the monitors from US 13 to US 20 as suggested by the dock staff Held that - There is no data or evidence produced by the Revenue regarding the price of comparable goods - in case of second-hand goods there cannot be a price for comparable goods - appeal is dismissed

Summary

The Appellate Tribunal CESTAT, Mumbai dismissed the Revenue's appeal against the Commissioner (Appeals) order that enhanced the value of imported old and used computer monitors from US$ 13 to US$ 20 per monitor. The Tribunal found no evidence to support the value enhancement and stated that for second-hand goods, there cannot be a price for comparable goods. The appeal was dismissed, and cross objections were also disposed of accordingly.