2008 (8) TMI 300

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....Monitors and had relied on the Chartered Engineer's certificate for the purpose of accepting the declared value. The Original Authority did not accept the Chartered Engineer's certificate suggesting the value in respect of the second-hand imported machines and revenue proceeded to assess the goods independently. The declared value was rejected and department adopted its own value. However, the department has not relied on contemporaneous value for rejecting the transaction value. They have also imposed very high redemption fine and penalty. The appellant's contention is that only in one of the matter, there is slight variation in the value of declaration, which cannot be the ground for rejecting the transaction value or the Chartered Engine....

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....in the quantity of goods declared cannot he also a ground for discarding the transaction value declared by the importer. In this regard, he relied on the ruling rendered by this Bench in the case of International Trade & Affairs v. CC, Hyderabad - 2003 (162) E.L.T. 584 (Tri.-Bang.) and that of New Techno Graphics v. Addl. CC & CE, Hyderabad-II - 2008 (222) E.L.T. 260 (Tri.-Bang.) 3. The learned JDR argued on the basis of the findings given by both the authorities. He submitted that both the authorities have applied their mind and have justified in rejecting the Chartered Engineer's certificate. The reasons given for rejection is that there is no mention in the certificate about the study made with regard to each computer or monitor impor....