Rejection of transaction value without evidence of over-valuation of export goods unjustified: CESTAT Delhi

Universal Offset Vs Commissioner of Customs (Export) (CESTAT Delhi)

CESTAT Delhi held that in absence of evidence of over-valuation of export goods, the transaction value was wrongly rejected under Rule 8 of the Customs Valuation Rules. Thus, value declared in shipping bills accepted.

Facts- The order-in-appeal dated 04.02.2021 passed by the Commissioner of Customs (Appeals), New Customs House, New Delhi is assailed by M/s Universal Offset and its Managing Partner Shri Vikas Gupta in these appeals. The impugned order rejected the appeals filed by Universal a

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