2014 (4) TMI 583

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....aran: The appeal and stay petition are directed against Order-in-Appeal No.: S/49-278/Stay/Mum-I/2012 NCH dated 02/01/2013 passed by the Commissioner of Customs (Appeals), Mumbai- I. 2. Vide the impugned order the learned lower appellate authority has directed the appellant, M/s. Wadhwani Commodities Trading Pvt. Ltd. to deposit the amount of demand confirmed by the adjudicating authority vide o....

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....th the requirement of pre-deposit, we take up the appeal itself for consideration and disposal.            5.1 In the order passed by the assessing authority, the value for the purpose of enhancement has been take based on the figure given in the public ledger and no value of contemporaneous imports of identical goods/similar goods have been analy....

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....tion. In the present case, we find that no such exercise has been undertaken by the Customs authorities. They have straightaway adopted the value given in the public ledger which is not a prescribed method of valuation under the Valuation Rules. In a similar case, pertaining to M/s. Arushi Exports 2014 (299) ELT 71, the Tribunal had remanded the case back to the adjudicating authority for determin....