Enhancement of assessable value without details of relied upon contemporaneous price unjustified

Murugan K.S Vs Commissioner of Customs (CESTAT Chennai) CESTAT Chennai held that enhancement of assessable value in absence of all the details the imports whose values have been relied upon as contemporaneous prices by the lower adjudicating authority is unsustainable as reasonability of the same cannot be decided. Facts- Mr. Murugan K.S., who is the appellant herein, has filed the Bill of Entry No. 5401513 dated 07.12.2011 for import of 1976.10 kgs of Polyester Nylon Warp Knitted Fabrics and 8511.90 kgs of Nylon Warp Knitted Fabrics which were purchased on “High Seas Sales”. Post investig...