2013 (5) TMI 549

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..... ng aggrieved by the order passed by the Commissioner (Appeals), Revenue has filed the present appeal. 2. We have heard Shri K.K. Jaiswal, learned DR for appellant and Shri Prem Ranjan Kumar, learned Advocate for the respondents. 3. The dispute involved in the present appeal relates to assessable value of the imported different types of fabric by the appellants. The Commissioner (Appeals) has hel .....

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..... h Court of Calcutta in the case of Atmaram Agarwal. The Customs authority doubted that the prices paid by the importer was not correct and as such, he proceeded to re-determine the price in terms of Customs Valuation (Determination of Price of Imported Goods) Rules, 1988. It stands submitted by the Revenue that in the present case, the importer has filed 12 bills of entry for clearance of Coated F .....

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..... re is no dispute that the customs has power to reject the transaction value and enhance the assessable value in terms of Customs Valuation Rules. However, such rejection of transaction value and enhancement of assessable value has to be on the basis of some evidences on record. Contemporaneous imports have to be considered with reference to quality, quantity and country of origin with the imports .....

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