https://www.taxtmi.com/caselaws?id=461072 CESTAT Chandigarh allowed the appeal challenging enhancement of assessable value for imported melting scrap. The department had rejected declared transaction value and enhanced assessable value based on NIDB data, contemporaneous imports, and valuation guidelines. The Tribunal held that payment of enhanced duty under compulsion does not preclude challenging the assessment. Following Delhi HC precedents in Niraj Silk Mills and Hanuman Prasad Sons cases, the Tribunal ruled that valuation addition based solely on NIDB data is unwarranted without independent cogent evidence. Transaction values must be accepted unless substantial evidence justifies rejection. The enhancement was not legally justified, and the impugned order was set aside. en-us Sun, 10 Mar 2024 00:00:00 +0530 Tue, 11 Mar 2025 10:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461072 CESTAT Chandigarh allowed the appeal challenging enhancement of assessable value for imported melting scrap. The department had rejected declared transaction value and enhanced assessable value based on NIDB data, contemporaneous imports, and valuation guidelines. The Tribunal held that payment of enhanced duty under compulsion does not preclude challenging the assessment. Following Delhi HC precedents in Niraj Silk Mills and Hanuman Prasad Sons cases, the Tribunal ruled that valuation addition based solely on NIDB data is unwarranted without independent cogent evidence. Transaction values must be accepted unless substantial evidence justifies rejection. The enhancement was not legally justified, and the impugned order was set aside. Case-Laws Customs Sun, 10 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461072