2018 (6) TMI 1494

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..... e Anatase B 101 indicates the proper value. While assessing the value at US $ 1390 PMT he has taken into consideration the country of origin, Quantity of grade - when the revenue has taken the quantity of grade and country of origin into consideration for comparing contemporaneous import and thereafter reached to the conclusion and enhanced the assessable value - appeal dismissed - decided against .....

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..... er MT. The assessable value was redetermined under Section 14 (1) of the Customs Act, 1962 readwith Rule 6 of the Customs Valuation Rules, 2007 by the Assistant Commissioner. Aggrieved, the Appellant filed appeal before Commissioner (Appeals) who rejected the appeal holding that the value has been enhanced on the basis of contemporaneous import hence correct. Therefore, the present appeal. 2. M .....

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..... oducts are based upon grades as well as purity of product i.e Rutile Grade of Titanium Dioxide is costlier than the Anatase Grade . No aforesaid factor was taken into consideration in determining whether one value closely approximates to another value. She submits that the value declared by them is correct with reference to Section 14 of the Customs Act and there is no reason to reject the tr .....

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