2005 (1) TMI 498

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..... ice-President]. Heard both sides. 2. Appellant filed this appeal against the order-in-appeal passed by the Commissioner of Customs (Appeals). The brief facts of the case are that appellant made import of Nickel Pellets declaring the value of the goods @ 12660.75 USD PMT. The Revenue did not accept the value declared by the appellant and value was enhanced to 16365 USD PMT on the basis of M .....

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..... the price was accepted by the buyer and therefore, the rejection of value declared is not sustainable. 4. The contention of the Revenue is that as per the Metal Bulletin the price of Nickel Pellet is rising between USD 15790-15800 USD PMT and on the relevant date of March the price was 16365 USD PMT. Therefore, the value was enhanced on this basis. We find in this case the appellant is a regula .....

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