TaxTMI 
TaxTMI 
2017 (6) TMI 987
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....VC coated fabrics for which they filed the above referred bills of entry declaring thereunder the transaction value. On examination, the goods were found to be as per declaration. But the adjudicating authority loaded the declared assessable value. The appellants after paying duty on the loaded value cleared the goods. Thereafter, the appellants filed the appeals before the Ld. Commissioner (A) on the ground that the assessment at the loaded value is contrary to the provisions of Section 14 of the Customs Act, 1962 read with Rule 3 of the Customs Valuation (Determination of price of imported goods) Rules, 2007. Therefore, the transaction value cannot be rejected. But the ld. Commissioner (A) confirmed the orders to adjudication. Aggrieved f....
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....aken from the bills of entries assessed and cleared the value cannot be enhanced. 5. Heard the parties and considering the submissions. 6. We find that a similar issue came up before this Tribunal in the case of Soir International Vs. CC, Delhi (supra) wherein this Tribunal observed as under:- "7. The ld. AR relied on the decision of M/s Techno Marketing (Supra) to say that declared price can be enhanced on the basis of alert/circular. We have gone through the case of M/s Techno Marketing (Supra) in the said case the main importer was asked to produce the supplier invoices but the imported failed to do so. In that circumstances, relying on the letter of Commissioner of Customs, the price was enhanced. These facts are not appl....
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....lue. The Customs Valuation Rules deals with situation how to enhance the value of the imported goods. DRI have not concerned with the said valuation Rules, therefore, the declared value cannot be enhanced on the basis of DRI alert. 9. In the impugned order, we find that the Commissioner (Appeals) has relied on the assessed value and not the value declared. Rule 5 of the Valuation Rules provide for enhancement of the value is to be done as per said rule. Moreover, the declared value is found less than the assessed value which cannot be the basis of enhance the value. In this case, the department has assessee identical goods at the rate of 2.85 US$ per kg whereas the value declared by the appellant ranges between 2.00 US$ to 2.63 US$....
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.... is not the real transaction value. 6. In view of the above, we are of the considered view that the value of US $ 1100 PMT declared by the appellant has to be accepted as the transaction value. Consequently, the enhancement of the value made by the lower authorities are not sustainable in law. Hence, the appeal is allowed with consequential relief, if any. 10. Further, in the case of Samar Polytex Ltd. (Supra) again this Tribunal has observed as under: 6. We have carefully considered the submissions. The principles based on which the declared transaction value can be rejected and value of contemporaneous can be adopted are well settled. A comparison of prices of goods of two distinct varieties, (i.e. nylon with po....