2002 (9) TMI 226

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....is appeal is against the order passed by the Commissioner of Customs (Appeals) dated 1-11-2001. The appellant filed two Bills of Entry dated 26-9-98 and 17-12-98 for clearance of Brass Scrap as per ISRI grade 'Honey' arid Copper Scrap No. 2 as per ISRI grade Birch/Cliff respectively. The Bills of Entry were assessed at declared invoice value, namely CIF US $ 1100 and 1300 PMT respectively and the ....

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....t in Para 16 that the department had noticed contemporaneous imports at almost same price at which demand notices were raised. No details of such imports are made available to the appellant nor placed before us at the time of hearing of the appeal. 3. The appellant would contend that the principle that theoretical price worked out based on the LME bulletin cannot be accepted as the basis in the a....