Enhancement of Value of copper scrap on LME price not justified in case of non-acceptance by assessee

Hindalco Industries Ltd Vs C.C.-Mundra (CESTAT Ahmedabad) Conclusion: Assessee-company had not accepted the enhancement of the value as they had requested for passing a speaking order in terms of Section 17(5) of the Customs Act, 1962. Further viewed that Commissioner (Appeals) had not adduced any evidence in support of his finding that assessee had accepted the enhancement of the value of the goods, therefore, assessee should be given sufficient opportunity for presenting their defence and also personal hearing be given before passing a speaking order. Held: Assessee filed an appeal against t...