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

ik-111884686 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-111884686). Consolidated customs valuation appeals challenging CESTAT orders that upheld reassessment of declared transaction values for imported silk fabrics based on external NIDB data. The Court held that customs authorities cannot reject declared values without proper compliance with Customs Valuation Rules and that reliance on external data alone without corroborative evidence is insufficient. Appeals allowed and declared values restored. The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

Consolidated customs valuation appeals challenging CESTAT orders that upheld reassessment of declared transaction values for imported silk fabrics based on external NIDB data. The Court held that customs authorities cannot reject declared values without proper compliance with Customs Valuation Rules and that reliance on external data alone without corroborative evidence is insufficient. Appeals allowed and declared values restored.

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

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-111884686)