2023 (10) TMI 1307 - SCH - Customs

Valuation of imported consignments - Linen Yarn, Ramie Yarn and other misc. items from various overseas suppliers, based in China - rejection of declared value - redetermination of the rejected value - retraction of relied statements - Section 28 of Customs Act,1962 - it was held by CESTAT that it is evident that none of the evidences relied upon by the department, to allege the under valuation resorted to by the appellants, stand the scrutiny of Law. HELD THAT - There are no merit in these appeals and the same accordingly stand dismissed.

Summary

The Supreme Court of India, in a judgment by Krishna Murari and Ahsanuddin Amanullah, JJ., dismissed the appeals as they found no merit in them. Delay was condoned, and pending applications were disposed of. Citation: 2023 (10) TMI 1307 - SC Order.