Enhanced value for imports cannot be adopted merely based on acceptance by importer

CMR Nikkei India Pvt. Limited Vs Commissioner of Customs (CESTAT Ahmedabad) Revenue has vehemently argued that the department were justified in enhancement of value since the importer had accepted such enhancement. We note that in the present matter, other than the admission on the part of the importer, no basis for the adoption of the enhanced value is given. We find that the Appellant in their grounds of Appeals also submitted that the assessment orders have been passed in complete defiance of the provisions of Section 14 of the Customs Valuation Rules, 2011. Neither the provisions of Sectio...