2000 (10) TMI 377

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....Respondents. [Order per : Gowri Shankar, Member (T)]. - The respondent to this appeal imported a consignment of cobalt metal briquettes. The goods arrived sometime in 1993 and were invoiced at US $ 14.50 CIF per piece. The department was of the view that the price of the commodity should be assessed at the value of US $ 15.08 per pound CIF based on the price of similar goods quoted in the Londo....

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....interfere with the Collector (Appeals)' order, although for reasons different from those that he has given. It is not possible for us to agree wholeheartedly with the proposition that LME prices should not be taken into consideration in determining the value of imported goods. This Tribunal in its decision in CC v. Indian Lead Limited [2000 (117) E.L.T. 447 (Tribunal) = 2000 (38) R.L.T. 102], has ....