Declared Value of Used Machinery Can’t Be Enhanced Solely on Local Chartered Engineer Certificate: CESTAT Chennai

Abirami Weaving Mills Vs Commissioner of Customs (CESTAT Chennai) The case concerns an appeal before the Tribunal challenging the enhancement of the declared value of imported second-hand machinery. The appellant imported 20 used Picanol GTM AS Rapier Looms with accessories, declaring a unit price of USD 4000 and a total invoice value of USD 80,000. The machinery, manufactured in Belgium in 1993 and imported from Indonesia, was in used condition. The importer initially could not produce a detailed independent Chartered Engineer certificate from the country of supply, including particulars such...