Declared Transaction Value Can Be Rejected if Questionable: CESTAT Delhi

Mittal Appliances Limited Vs Commissioner of Customs (CESTAT Delhi) In a recent decision by the Customs Excise and Service Tax Appellate Tribunal (CESTAT Delhi), Mittal Appliances Limited’s appeal was dismissed concerning the valuation of imported “Copper Scrap Birch/Cliff.” The case revolved around the rejection of the declared transaction value by the Deputy Commissioner of Customs, upheld in subsequent appeals. Mittal Appliances Ltd. had imported Copper Scrap Birch/Cliff from the United Arab Emirates, declaring a value of Rs. 414.54 per kg in their Bill of Entry. However, ...