2011 (7) TMI 189

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....r respondent   Per : M.V. Ravindran   This stay petition is filed by the assessee for staying the operation of the impugned order-in-appeal.   2. After haring both sides for some time, we find that the appeal itself could be disposed at this juncture as the issue lies in a narrow compass. In view of this, stay petition filed by the appellant is dismissed and the appeal itse....

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.... to their letter dt.1.8.2009 vide which they filed further data as was sought by the Ld. Commissioner (Appeals). It is his submission that based upon this very data, submitted by appellant, Commissioner (Appeals) has come to the conclusion that the value needs to be loaded by 70%. It is his first grievance that the order of loading the value is 70%, based upon their data, they should have been ask....

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.... assessee. In our considered view this being an issue of valuation and principles of natural justice are violated in as much that the assessee data is relied for loading where there could be as explanation. At the same time as this issue is being of loading of the value on goods imported by the assessee need to be done so based upon the factual matrix, we deem it fit to remit the matter back to th....