Hanuman Prasad And Sons vs Commissioner Of Customs (Icd) ...

ik-109207708 Delhi High Court 27 November 2024 • 207 min read

Judges (2)

Ravinder Dudeja Coram Yashwant Varma Delivered

Counsel (8)

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 Yogendra Aldak Counsel Appellant

Parties (3)

Commissioner of Customs (ICD) Patparganj Respondent Hanuman Prasad and Sons Appellant Niraj Silk Mills Appellant

Case Significance

Hanuman Prasad And Sons vs Commissioner Of Customs (Icd) ... is a Delhi High Court decision dated November 27, 2024 (citation: ik-109207708). Multiple textile importers appealed against CESTAT orders that upheld reassessment of customs value on imported fabrics, where the declared transaction values were rejected in favour of higher assessed values based on external data. The Delhi High Court held that mere reliance on external data without corroborative evidence or clear justification fails to meet the requirements of the Customs Valuation Rules, and that rejection of declared values must be founded on tangible and justiciable mat The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

Multiple textile importers appealed against CESTAT orders that upheld reassessment of customs value on imported fabrics, where the declared transaction values were rejected in favour of higher assessed values based on external data. The Delhi High Court held that mere reliance on external data without corroborative evidence or clear justification fails to meet the requirements of the Customs Valuation Rules, and that rejection of declared values must be founded on tangible and justiciable material. The appeals were allowed, the CESTAT orders were set aside, and the Commissioner (Appeals) orders were restored.

What was the outcome of Hanuman Prasad And Sons vs Commissioner Of Customs (Icd) ...?

Multiple textile importers appealed against CESTAT orders that upheld reassessment of customs value on imported fabrics, where the declared transaction values were rejected in favour of higher assesse...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-109207708)