CESTAT Sets Aside Customs Demand as Undervaluation Allegations Lacked Admissible Evidence

Em Pee Bee International Vs N.C. Alexander (CESTAT Chennai) The appeals arose from a common Order-in-Original dated 28.09.2007 passed by the Commissioner of Customs, Chennai. The order rejected the declared transaction value in respect of 37 Bills of Entry relating to imports of apples from the United States, re-determined the assessable value, demanded differential customs duty of approximately Rs. 98 lakhs, ordered confiscation of goods valued at approximately Rs. 7.35 crores, and imposed penalties on the importer as well as on another individual for alleged abetment. The importer had import...