9911796707
TMI Blog2019 (5) TMI 244X X X X Extracts X X X X X X X X Extracts X X X X ..... shine etc. and, therefore, valuation are required to be reassessed as the value declared by the appellant are not acceptable in the absence of description of goods as there is discrepancy in details and prices of imported goods, therefore valuation is required to be done in this case. There are various complaints against Shri Apurva Jagdish Mehta (the approved valuer of the goods), therefore, his reports are not acceptable. As there is no valuation report by approved valuer, therefore, we appoint a panel to value the pearls who shall examine the remnant samples of the goods in question, and thereafter to determine appropriate value of the imported goods and the same shall be the basis of valuation of imported goods. The panel of these thre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se of M/s Manihar Enterprises the value declared by the importer is higher than the value assessed and in the case of Pearl Centre, the value declared by the Pearl Centre was assessed higher than the value declared of imported pearls. On the basis of the valuation report of the valuers the revenue assessed the imported goods taking that value is higher side and the highe rvlaue adopted in the valuation report and held that they have undervalued the goods. The revenue adopted the higher value which is on higher side and demanded duty from the appellants and held that goods were liable for confiscation. Accordingly, redemption fine was imposed and penalties on all the appellants were also imposed. Against the said orders all the appellants ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reported in 2002 (03) LCX 0135 which has affirmed by the Hon'ble Apex court reported in 2008 (09) LCX 0030. 4. On the other hand, learned Authorized Representative submits that it is a case of mis-declaration of the description of goods, therefore, valuation are required to be assessed by approved valuer of the goods, accordingly, declared value has been rejected. Therefore, the impugned orders are to be upheld. 5. Heard the parties and perused the record. 6. We find that in this case, the appellant have failed to give complete description of the imported goods with regard to size, colour and shine etc. and, therefore, valuation are required to be reassessed as the value declared by the appellant are not acceptable in the absence of d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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