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

ik-20826072 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-20826072). This is a 137-page landmark judgment in connected customs appeals where textile importers Niraj Silk Mills and Hanuman Prasad and Sons challenged CESTAT orders upholding reassessment of their declared customs values for imported silk and synthetic fabric. The Division Bench held that customs authorities cannot reject declared transaction values without corroborative evidence and clear justification under the Customs Valuation Rules, emphasizing the pre-eminence of declared values. The appeals The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

This is a 137-page landmark judgment in connected customs appeals where textile importers Niraj Silk Mills and Hanuman Prasad and Sons challenged CESTAT orders upholding reassessment of their declared customs values for imported silk and synthetic fabric. The Division Bench held that customs authorities cannot reject declared transaction values without corroborative evidence and clear justification under the Customs Valuation Rules, emphasizing the pre-eminence of declared values. The appeals were allowed, CESTAT orders set aside, and Commissioner (Appeals) orders restored — this is a duplicate IK entry for the same judgment.

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

This is a 137-page landmark judgment in connected customs appeals where textile importers Niraj Silk Mills and Hanuman Prasad and Sons challenged CESTAT orders upholding reassessment of their declared...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-20826072)