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

ik-184458238 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 Respondent Parul Sachdeva Counsel Respondent 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-184458238). This 137-page landmark judgment involved customs valuation appeals by textile importers (Niraj Silk Mills and Hanuman Prasad and Sons) challenging CESTAT orders that had upheld customs authorities' rejection of declared transaction values for imported silk and textile fabrics in favour of higher values based on external data from the NIDB. The Division Bench held that the declared transaction value enjoys pre-eminence under the Customs Valuation Rules, and customs authorities cannot reject de The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

This 137-page landmark judgment involved customs valuation appeals by textile importers (Niraj Silk Mills and Hanuman Prasad and Sons) challenging CESTAT orders that had upheld customs authorities' rejection of declared transaction values for imported silk and textile fabrics in favour of higher values based on external data from the NIDB. The Division Bench held that the declared transaction value enjoys pre-eminence under the Customs Valuation Rules, and customs authorities cannot reject declared values merely by relying on external data without corroborative evidence or clear justification. The appeals were allowed, the CESTAT orders were set aside, and the Commissioner (Appeals) orders restoring declared values were restored.

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

This 137-page landmark judgment involved customs valuation appeals by textile importers (Niraj Silk Mills and Hanuman Prasad and Sons) challenging CESTAT orders that had upheld customs authorities' re...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-184458238)