9911796707
TMI Blog1999 (11) TMI 166X X X X Extracts X X X X X X X X Extracts X X X X ..... Appellant challenges the correctness of assessment order dated 28-12-1998 passed by the Assistant Commissioner of Customs and Order-in-Appeal No. MP (367) ICD/99, dated 11-5-1999 whereby duty of Rs. 2,64,607/- was imposed on a car imported by the appellant. 2. Appellant, Mrs. Indu Khanna was staying in U.K. for a long period of nearly 40 years. While she was returning for good, she brought a Me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ould have been accepted by the authorities and duty levied accordingly. 4. Appellant purchased the car years back while she was staying in U.K. Purchase price is not in evidence in this proceeding. It was of 1983 model with cubic capacity of 2000. As its value was not available authorities below referred to the Parker s Guide to find out the value of vehicle of that model. From the Guide it was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orities in arriving at the assessment value cannot be faulted. The price of the car in 1983 was found out from Parker s Guide. 70% of the value was deducted on account of depreciation. A trade discount of 15% was also allowed. To that, insurance charge and freight was added. We are not in a positioin to find out any illegality in the said procedure adopted by the authorities below. It therefore fo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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