Setting aside order enhancing value, which was already accepted by the importer, unjustified

Commissioner of Customs Vs Manvi Exim Pvt. Ltd. (CESTAT Delhi)

Held that importer already accepted the enhanced value determined by the assessing officer, setting aside the said order on casual observation by the Commissioner (Appeals) is unsustainable in law

Facts-

The respondent had imported certain products and filed eight Bills of Entry on the basis of self-assessment. These Bills of Entry were assessed at higher values by the assessing authority on the basis of contemporaneous data which values were accepted by the importers in writing. The assessee accepted the value and after payment of duty in terms of the re-determination of the value, the eight appeals were filed by the respondent before the Commissioner (Appeals). The Commissioner (Appeals) set aside the assessment order, hence aggrieved revenue filed an appeal before CESTAT.

Conclusion-

Please become a Premium member. If you are already a Premium member, login here to access the full content.