Customs valuation of imported cyanuric chloride - revenue ...

Customs valuation of cyanuric chloride rejected by revenue. Appellant's 2000MT import at lower price upheld by CESTAT.

Case Laws Customs

August 12, 2024

Customs valuation of imported cyanuric chloride - revenue rejected declared value based on NIDB and contemporaneous import data showing higher prices for smaller quantities - appellant imported 2000 MT at lower negotiated price - CESTAT held quantity imported significantly different from NIDB data relied upon by revenue, hence cannot be compared - no other evidence cited by authorities - orders set aside, appeal allowed.

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Customs valuation of imported cyanuric chloride - revenue ...

Customs valuation of cyanuric chloride rejected by revenue. Appellant's 2000MT import at lower price upheld by CESTAT.

Case Laws Customs

August 12, 2024

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