2018 (3) TMI 2015

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..... B data can be made the sole basis for rejection of the transaction value or not - HELD THAT:- In terms of import of stock lot goods, admittedly the price is a negotiated price and agreed upon by the importer and the supplier. The same has to be first rejected by the Customs authority by production of evidences which are positive and cogent. There being no such evidence in the present case to disca .....

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..... of Rs. 2,10,389/- approximately along with confiscation of the goods and disposition of penalties. On going through the impugned order of the Commissioner, we find that he has referred to the NIDB data for redetermining the assessable value. Apart from the fact that the goods were admittedly stock lot goods and as such there can be no available price of contemporaneous goods even in NIDB data, we .....

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