2019 (6) TMI 1544

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..... B - whether the invoice value can be rejected and the duty can be charged as per NIDB data without any specific evidence that the invoice values do not reflect actual transaction value? - HELD THAT:- Relying on the decisions in the cases of Topsia Estates Pvt Ltd v. CC (Import-Seaport) Chennai [ 2015 (1) TMI 750 - CESTAT CHENNAI ], CC New Delhi v. Nath International [ 2013 (12) TMI 1042 - CESTAT N .....

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..... iron from various overseas traders for use in manufacture of billets. The declared value of pig iron varied from USD 229 per MT to USD 300 per MT. These values were rejected by the assessing officer who enhanced the value to USD 500 per MT based on the data available with the NIDB. NIDB is the data of the Customs Department which gives values of various commodities based on various transaction va .....

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..... L.T. 305 (Tri. - Del.), Impex Steel Bearing Co. v. CC Delhi-IV [2014 (302) E.L.T. 464 (Tri. - Del.)] and Eicher Tractors Ltd v. CC Mumbai [2000 (122) E.L.T. 321 (S.C.)] it has been decided that the department cannot reject the declared value and assess the goods as per the NIDB data. 3. We find that the issue in the present three appeals is identical to the aforesaid decision of this Bench and we .....

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