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<h1>Supreme Court dismisses civil appeals on alleged under-valuation of vatted malted spirit</h1> The Supreme Court of India dismissed civil appeals in a case concerning alleged under-valuation of vatted malted spirit by an importer. The Department's ... Under-valuation - CIF declared value - reliance on documentary evidence - unsigned xerox copies - valuation additionUnder-valuation - CIF declared value - unsigned xerox copies - reliance on documentary evidence - Addition of 1.56 lakhs to the declared CIF value on the ground of under-valuation was not justified. - HELD THAT: - The Court examined the record and agreed with the Tribunal's factual finding that there was no evidence of under-valuation. The Department's case rested on unsigned xerox copies of documents and the contents of those documents did not support the allegation that the CIF value declared by the importer was understated. In the absence of reliable documentary proof establishing that the sum was part of the transaction price, the valuation addition could not be sustained.The addition to the declared value was rejected and the appeals by the Department were dismissed.Final Conclusion: The Department's civil appeals are dismissed for lack of merit; no order as to costs. The Supreme Court of India ruled on a case involving alleged under-valuation by an importer of vatted malted spirit. The Department claimed an additional lb1.56 lakhs should be added to the declared value of lb6.26 lakhs, but the Court found no evidence of under-valuation. The civil appeals filed by the Department were dismissed.
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