2004 (10) TMI 233

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.... The appellant filed these appeals against order-in-appeal passed by the Commissioner (Appeals) whereby the value of imported goods i.e. self adhesive plastic sheets in Rolls and PP Sheet Rolls was enhanced on the basis of international price. 3. The contention of the appellant is that there is no basis for enhancement of the value of the goods. No contemporaneous import was cited by the lower au....

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.... by the lower authorities and now cannot make any grievance before the appellate Court. We find that the appellant filed statutory appeal challenging the action of adjudicating authority before Commissioner (Appeals). Therefore, we find no merit in this contention of the Revenue that appellant accepted the value determined by assessing authority. The Revenue had not produced any evidence regarding....

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.... stated reasons and goods are proposed to be assessed at a higher value. The circumstances that permitted such rejection and the alternative basis for fixing assessable value are specified in the Valuation Rules themselves. No such legally permissible steps are found to be taken in the present case. The assessing authority has not passed any order indicating the reason for rejecting the transactio....