2014 (1) TMI 1168

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Respondent. ORDER The Revenue filed this appeal against the impugned order whereby the Commissioner (Appeals) accepted the value declared by the respondents and set aside the enhanced value for the goods imported. The Commissioner (Appeals) has held as under :- "In terms of the Hon'ble Supreme Court's decision in the case of M/s. Eicher Tractors Limited, 2000 (122) E.L.T. 31, it is well....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ated 17-3-2003, the assessing officer has not passed any speaking order for rejecting the transaction value. The circumstances that permit such rejection and the alternative basis for fixing assessable value are specified in the Valuation Rules themselves. No such legally permissible steps were taken in the present case. There is catena of decisions including the one given by the Hon'ble Supreme c....