2001 (6) TMI 280

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.... for the Respondent. [Order per : V.K. Agrawal, Member (T)]. -  In this appeal filed by M/s. Vaibhav Textiles, the issue involved is whether the transaction value declared by them is to be accepted for the purpose of assessment of Customs duty. 2. Sh. Piyush Kumar, ld. Consultant, submitted that the appellants imported a consignment of Polyester Fabrics and filed Bill of Entry o....

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....in the impugned order that the goods imported by M/s. SBS Impex do hot have "like characteristic and like component material" in view of the fact that the fabrics imported by M/s. SBS Impex had undergone the process of anti-pilling. He, further, mentioned that the fabric imported by Naveen Textile is also different from the fabric imported by the appellants; that the description of the goods impor....

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.... case not only the goods differ in quality and characteristic but also in respect of timing of import and nature of transaction. 3. Sh. S.P. Rao, ld. DR, reiterated the findings as contained in the impugned order. He emphasised that the Commissioner has given his findings that the appellants had not demonstrated or reasoned out as to how and why strip variety would result in material diffe....

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.... value on the basis of transaction value of similar goods sold for export to India and imported at or about the same time as the goods being valued. Similar goods means imported goods which have like characteristic and like component materials. The appellants have shown from a copy of the invoice under which the goods were received by M/s. Naveen Enterprises that the goods were not of like charact....