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TMI Blog2024 (8) TMI 617X X X X Extracts X X X X X X X X Extracts X X X X ..... mported roughly at the same time, the price assessed was Rs. 159.89 per kg. From the above, it is seen that for a small variation for import quantity from 20 tons to 108 tones, there is a price variation from Rs. 150.89 per kg. to Rs. 136.52 per kg. In the instance case, the price negotiated is for 2000 MT does not appear to be out of place. The appellant has submitted data which indicates out of 2000 MT, they had imported 1128 MT during 15-7-2019 to 3-1-2020. Moreover, it is seen that no evidence other than NIDB data has been cited in the proceedings by the lower authorities. In these circumstances, the quantity imported by the appellant is significantly different from the quantity listed in NIDB data relied by the revenue and therefore, t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DB data which is being compared to the appellant import is for import of much smaller quantities as compared to the price negotiated by the appeal 2000 MT. 3. Learned AR relied on the impugned order. 4. We are considered rival submission, we find that the original adjudicating authority while rejecting the declared value has considered the following data for the purpose of contemporaneous import. TABLE-I Data of Contemporary imports at ICD-Khodiyar BE No. BE Date Country of Origin Currency Quantity UQC Unit Price 4522678 16-8-2019 CHINA USD 29000 KGS 2.175 4594852 22-8-2019 CHINA USD 15000 KGS 2.1 4602867 22-8-2019 CHINA USD 30000 KGS 2.13 4605834 23-8-2019 CHINA USD 15000 KGS 2.12 4633528 26-8-2019 CHINA USD 30000 KGS 2.02 4655263 27-8-201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the same table. It is also seen that, for a quantity of 15 tons imported roughly at the same time, the price assessed was Rs. 159.89 per kg. From the above, it is seen that for a small variation for import quantity from 20 tons to 108 tones, there is a price variation from Rs. 150.89 per kg. to Rs. 136.52 per kg. In the instance case, the price negotiated is for 2000 MT does not appear to be out of place. The appellant has submitted data which indicates out of 2000 MT, they had imported 1128 MT during 15-7-2019 to 3-1-2020. Moreover, it is seen that no evidence other than NIDB data has been cited in the proceedings by the lower authorities. In these circumstances, we hold that the quantity imported by the appellant is significantly differen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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