Chaman Lal Bhambri Rajvani Graphics ... vs Principal Commissioner Of Customs ...

ik-153762990 Delhi High Court 10 December 2024 • 212 min read

Judges (2)

Ravinder Dudeja Coram Yashwant Varma Delivered

Counsel (11)

Aditya Singla Counsel Respondent Agrim Arora Counsel Appellant Harpreet Singh Counsel Respondent Krishnamohan Menon Counsel Intervener Parul Sachdeva Counsel Intervener Poojan Malhotra Counsel Petitioner Prem Ranjan Kumar Counsel Petitioner Purvi Sinha Counsel Appellant Sumit Khadaria Counsel Appellant Sunil Dalal Counsel Petitioner Yogendra Aldak Counsel Appellant

Parties (3)

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

Case Significance

Chaman Lal Bhambri Rajvani Graphics ... vs Principal Commissioner Of Customs ... is a Delhi High Court decision dated December 10, 2024 (citation: ik-153762990). In a landmark 137-page customs valuation judgment, textile importers appealed CESTAT orders that had upheld customs duty reassessments rejecting their declared transaction values for silk and textile imports. The Delhi High Court allowed the appeals, holding that customs cannot reject declared values without corroborative evidence and that the principle of pre-eminence of declared transaction value must be upheld under the 1988 and 2007 Customs Valuation Rules. The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

In a landmark 137-page customs valuation judgment, textile importers appealed CESTAT orders that had upheld customs duty reassessments rejecting their declared transaction values for silk and textile imports. The Delhi High Court allowed the appeals, holding that customs cannot reject declared values without corroborative evidence and that the principle of pre-eminence of declared transaction value must be upheld under the 1988 and 2007 Customs Valuation Rules.

What was the outcome of Chaman Lal Bhambri Rajvani Graphics ... vs Principal Commissioner Of Customs ...?

In a landmark 137-page customs valuation judgment, textile importers appealed CESTAT orders that had upheld customs duty reassessments rejecting their declared transaction values for silk and textile ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-153762990)