2000 (9) TMI 373

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....dent. [Order per : Gowri Shankar, Member (T)]. - The appellants purchased a consignment of copper wire bars, which was sold to it on the high seas by the importer, Rupam Holding Pvt. Ltd. (Rupam for short). The price of these goods in the invoice issued to the latter by the foreign supplier was US $ 49068.65 CIF. The assessable value based on this price works out to Rs. 15,79,412/-. The appella....