2018 (3) TMI 2012

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... On matter being called nobody appeared on behalf of the appellant nor is there any adjournment request in spite of today's notice of hearing having been sent well in advance. Accordingly, we have heard Learned Authorised Representative appearing for Revenue and have gone through the impugned order. 2. As per the facts on record, appellant had imported rechargeable batteries and declared the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3. It is seen that the appellant had declared the value of the imported goods, based upon the transaction value entered between him and the foreign supplier. The said transaction value does not stand accepted by Revenue on the basis of doubt entertained by them, resulting in conducting of market survey in India and rejecting the declared value of subject goods. It is well settled law that for e....