2000 (7) TMI 310

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..... Nair, Member (T)]. The issue involved is the assessable value of Telecommunication equipment imported by the appellant. The impugned order has assessed the goods on the basis of Price List holding that the invoice prices were highly discounted. The order has also imposed penalties on the appellant. 2. Arguing the appeal for the appellants ld. Counsel Shri Parthasarathi submits that the i .....

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..... sessments and payments on duty were on provisional duty basis. In the circumstances, he seeks setting aside of the impugned order and remand of the case for consideration by the SVB at the time of the finalisation of the provisional assessment. 3. Ld. DR submits that the proceedings also covered allegations like mis-declaration of value of the goods. He therefore submits that the proceedings w .....

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..... In view of the findings above, the appeal is disposed of by way of remand. The impugned order is set aside and it is ordered that the goods covered by the proceedings shall also be finally assessed in terms of the finalisation of the SVB investigations. We make it clear that on finalisation of the assessments if the charge of mis-declaration is found to arise, the competent Customs authorities s .....

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