2006 (11) TMI 120

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.... been challenged, whereby directions were given to the petitioner to deposit the differential duty amounting to Rs.10.00 lakhs by 14th September 2006 and also submit the proof thereof on 15.09.2006. 2.  The case of the petitioner is that it has imported 285 M.T. Of phenol disclosing the price of the goods @ US $ 1085 per M.T. His further case is that once he has submitted all relevant docume....

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.... submits that under Rule 10 of Customs Valuation (Determination of Price of imported Goods) Rules, 1988 (for short `the Rules'), when the authority has any doubt about pricing of the goods and in his opinion if there is any concealment in valuing the goods, the Authorities have power to value the goods as per the rate at which Overseas Polymers Pvt. Ltd. has imported the goods from the same seller....

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....hat if a direction is given to the Commissioner of Customs (Appeals) to dispose of the appeal on merits within two or three weeks, the petitioner will have no objection and he will not claim for the exemption from pre-deposit on the basis of this order, thereafter. 6.  Considering these submissions, we set aside the impugned order of the Commissioner of Customs (Appeals) and direct him to di....