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

ik-193741003 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-193741003). Duplicate Indian Kanoon entry for the 137-page landmark judgment on customs valuation of imported silk and textile goods. The Division Bench held that customs authorities cannot reject declared transaction values without corroborative evidence or clear justification under the Customs Valuation Rules, affirming the pre-eminence of declared values. The CESTAT orders were set aside and the Commissioner (Appeals) orders were restored. The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

Duplicate Indian Kanoon entry for the 137-page landmark judgment on customs valuation of imported silk and textile goods. The Division Bench held that customs authorities cannot reject declared transaction values without corroborative evidence or clear justification under the Customs Valuation Rules, affirming the pre-eminence of declared values. 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) ...?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-193741003)