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

ik-123615977 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-123615977). Multiple importers appealed CESTAT orders that had upheld customs authorities' rejection of their declared transaction values for imported silk and textile fabrics in favor of higher assessed values. The court held that mere reliance on external data without corroborative evidence failed to meet the legal tests under the Customs Valuation Rules, and that rejection of declared values must be founded on tangible and justiciable material. The appeals were allowed, CESTAT orders set aside, and th The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

Multiple importers appealed CESTAT orders that had upheld customs authorities' rejection of their declared transaction values for imported silk and textile fabrics in favor of higher assessed values. The court held that mere reliance on external data without corroborative evidence failed to meet the legal tests under the Customs Valuation Rules, and that rejection of declared values must be founded on tangible and justiciable material. The appeals were allowed, CESTAT orders set aside, and the Commissioner (Appeals) orders restoring declared values were upheld.

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

Multiple importers appealed CESTAT orders that had upheld customs authorities' rejection of their declared transaction values for imported silk and textile fabrics in favor of higher assessed values. ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-123615977)