2005 (1) TMI 439

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dent. [Order per : V.K. Agrawal, Member (T)]. The issue involved in all these appeals filed by M/s. DCM Benetton India Ltd. is whether the assessable value of the imported goods for the purpose of levying Additional Customs Duty will be the transaction value or the tariff value fixed under Section 3(2) of the Central Excise Act. 2. Shri R. Parthasarathy, learned Advocate submitted tha .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nts, Mrs. Krishna A. Mishra, learned SDR, reiterated the findings as contained in the impugned order and submitted that the Central Government under Notification 20/2001-C.E. (N.T.) has fixed the tariff value in respect of articles of apparel, all sorts falling under Heading 61.01 or 62.01 of the Schedule to the Central Excise Tariff Act at the rate of 60% of the retail price that is declared or a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ) of Section 14 of the Customs Act, and (ii) any duty of customs chargeable on that article under Section 12 of the Customs Act, and any sum chargeable on that article under any law for the time being in force. Proviso to sub-section (2) of Section 3 of the Customs Tariff Act further provides for levying the duty on the basis of maximum retail price if the imported goods or some class of goods hav .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X