Supreme Court · 2011 INSC 769 · Decided 17 October 2011
Commissioner of Customs, Vishakhapatnam v. M/S Aggarwal Industries LTD.
- Court
- Supreme Court of India
- Citation
- 2011 INSC 769 · [2011] 12 S.C.R. 1128
- Case number
- CIVIL APPEAL No. 2521/2006
- Decided
- 17 October 2011
- Bench
- D.K. JAIN, S. J. MUKHOPADHAYA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Customs Act Section 14, 14(1)
Headnote
CUSTOMS VALUATION (DETERMINATION OF .:; PRICE OF IMPORTED GOODS) RULES, 1988: Rules 2(1)(f), 4(1)(2) and 10- Transaction value - Import of crude sunflower seed oil - Contract entered into 26.6.2001 - Actual shipment taking place on 5. 8. 2001 - Meanwhile D increase in price Assessees filing documents as per contract price - Revenue rejecting the contract price and demanding customs duty as per contemporary invoice price on which c ther importers entered into contract for supply of same item either with same suppliers or with other suppliers in the same country -
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