2001 (4) TMI 618

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..... rted measuring tapes. Although, no literature is shown, from the description made by the Commissioner (Appeals), the goods were simple measuring tapes of flexible material which gets wound on a spool inside a case. The overall length was about two meters. The Customs held that the tapes were consumer goods and hence on the Negative List. The importers claimed that the tapes were measuring tools .....

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..... the margin of profit to be 100%. The Commissioner while holding that it was excessive made it at about 75%. Shri Srikant Parikh, Manager submitted certain quotations dated between May, 96 and Sept., 96 from certain traders giving market value of the identical goods and claimed that the margin was about 22%. I find that there is nothing on perusal of the two orders to show that these documents were .....

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