2008 (10) TMI 423

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....h Nair, Advocate, for the Respondent. [Order per : S.S. Kang, Vice-President]. -  Heard both sides. Revenue filed this appeal against the impugned order whereby the Commissioner (Appeals) set aside the enhanced value of the imported goods. 2. The respondents made import of "Fully drawn yarn 75 Deniers/72F" and declared the value @ 0.71 USD/kg. Revenue relied upon NIDB data avail....

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....he wastage is high. The machines producing goods from such FDY has to be stopped every time when the quantity of roll finished whereas in Even grade there is no stoppage in between and also there are no wastages. (v)     The 100% down payment was being made and therefore discount was given. (vi)   No agent was involved and there was no commission. (vi) &....