2005 (12) TMI 375

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r : C.N.B. Nair, Member (T)]. These four appeals challenge the enhancement of values carried out by the Custom authorities white assessing imported goods to Customs duty. The products in question are flocked fabrics and PU leather cloth. In regard to flocked fabrics, the appellant s purchase price, according to the invoice, was US $ .44 per metre. Custom authorities enhanced that value to .7 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... elied upon the decision of Supreme Court in the case of Eicher Tractors Ltd. [2000 (122) E.L.T. 321 (S.C.)] noted by the Commissioner himself in the order. 4. We have perused the records and heard both sides. In these cases purchases are from foreign manufacturers. The contracts of supply bring out that the contracts are for huge quantities against irrevocable letter of credit for payment toward .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X