Value fixed by Valuation Committee adopted without revealing methodology and basis is incorrect

Kalima Exim Vs Commissioner of Customs (CESTAT Chennai) CESTAT Chennai held that adopting the values as fixed by the Valuation Committee without revealing the methodology and basis adopted for such values is not correct and is not in accordance with the Valuation Rules. Facts- The appellant had filed two shipping bills for export of “Ready Made Gents Shirts” and “Kids Pant Shirt Set” to M/s. Inter Active Commercial Services, Dubai initially for a value of Rs.24,69,333/- under claim for duty drawback of Rs.1,44,551/-. Thereafter, the appellant filed fresh shipping bill for the very same...