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of <h1>Tribunal Upholds Customs Valuation Appeal Decision: Importance of Accurate Documentation</h1> <h3>Swarna Heating & Control Co. Versus Commissioner of Customs (Import) Chennai</h3> Swarna Heating & Control Co. Versus Commissioner of Customs (Import) Chennai - 2019 (366) E.L.T. 125 (Tri. - Chennai) Issues: Customs valuation of imported used machineryAnalysis:1. Facts of the Case: The appellant imported used machinery declared as 'Used Power Press' without proper documentation regarding its age, model, and reconditioning. The Customs House rejected the declared value and re-determined it based on a local Chartered Engineer's valuation.2. Appellant's Arguments: The appellant argued that the e-auction price should be considered the transaction value, emphasizing that the Customs authorities had no legal basis to reject it. They also contested the valuation by the Chartered Engineer as inflated and provided data on similar machines imported at lower values.3. Respondent's Arguments: The Respondent presented the Chartered Engineer's inspection report to justify the valuation and highlighted the detailed reasoning provided by the original authority for rejecting the declared value.4. Court's Decision: The tribunal analyzed the e-auction invoice and the inspection report, noting the lack of essential details like age and weight of the machinery. They upheld the revaluation based on the Chartered Engineer's assessment, which aligned closely with the deduced value of the machinery. The tribunal also considered the discrepancy between the declared value and the industrial scrap import prices, indicating undervaluation. Consequently, the appeal was dismissed for lack of merit.This judgment primarily revolves around the Customs valuation of imported used machinery, focusing on the rejection of declared value, reliance on a local Chartered Engineer's assessment, and the comparison with market prices to determine the appropriate valuation for customs purposes. The tribunal emphasized the importance of providing accurate details and justifying the declared value to avoid undervaluation of imported goods.
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