Niraj Silk Mills vs Commissioner Of Customs (Icd) ...

ik-102320173 Delhi High Court 27 November 2024 • 207 min read

Judges (2)

Ravinder Dudeja Coram Yashwant Varma Delivered

Counsel (9)

Aditya Singla Counsel Respondent Agrim Arora Counsel Appellant Krishnamohan Menon Counsel Intervener Parul Sachdeva Counsel Intervener Purvi Sinha Counsel Appellant Ritwik Saha Counsel Respondent Sumit Khadaria Counsel Appellant Sunil Dalal Counsel Appellant Yogendra Aldak Counsel Appellant

Parties (5)

Commissioner of Customs (ICD) Patparganj Respondent Hanuman Prasad and Sons Appellant Niraj Silk Mills Appellant Principal Additional Director General Respondent R Anil Kumar Appellant

Case Significance

Niraj Silk Mills vs Commissioner Of Customs (Icd) ... is a Delhi High Court decision dated November 27, 2024 (citation: ik-102320173). A batch of customs appeals challenged CESTAT orders that upheld reassessment of declared values of imported silk fabrics based on external data from the Textile Committee. The Delhi High Court allowed the appeals, holding that customs authorities cannot reject declared transaction values solely based on external data without corroborative evidence, and restored the orders of the Commissioner (Appeals) in favour of the importers. The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

A batch of customs appeals challenged CESTAT orders that upheld reassessment of declared values of imported silk fabrics based on external data from the Textile Committee. The Delhi High Court allowed the appeals, holding that customs authorities cannot reject declared transaction values solely based on external data without corroborative evidence, and restored the orders of the Commissioner (Appeals) in favour of the importers.

What was the outcome of Niraj Silk Mills vs Commissioner Of Customs (Icd) ...?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-102320173)