2024 (5) TMI 818

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Shri A. Rangadham, Authorised Representative for the Respondent. ORDER The appellant has imported 10,000 WMT of Iron Ore Fines having Fe content of 60%. This export was carried out vide Shipping Bill No.005069 dated 14.10.2010 and the assessment was done on provisional basis. The appellant had declared the unit price of USD 97.00 PDMT FOB. As per the contract with the overseas importer, if th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is a mis-declaration of value. Further, I do not have any documentary evidence to prove that the exporter has received excess amount other than what he has realized in the Bank Realization Certificate (duly attested by the Bank) and the final invoice." 2. After this, he has considered the contemporaneous exports @ USD 139.3 PMT and accordingly has directed the appellant to pay the differential e....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ase laws: i) M/s Ore Cast (India) Vs Commissioner of Customs, CE & ST BBSR-I and Commissioner of Customs (Prv.), Bhubaneswar Vs M/s Ore Cast (India) [2023 (10) TMI 757 - CESTAT, Kolkata], ii) Commissioner of Customs (Export), Goa Vs V.G.M. Exports [2013 (291) E.L.T. 572 (Tri-Bom)] and iii) Krishna Traders Vs Commissioner of Central Tax, Visakhapatnam - GST, Final Order No. A/30398/2023 date....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Hyderabad]. Therefore, he justifies the orders passed by the Lower Authorities. 5. Heard both sides and perused the documentary evidence placed before us and the case laws cited. 6. We find that the Adjudicating Authority has clearly held that the documentary evidence placed by the appellant shows that the transaction value adopted by them cannot be doubted as has been held at Para 11 of Order-....