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

ik-2247644 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-2247644). This is another duplicate IK entry for the 137-page customs valuation landmark judgment by Yashwant Varma and Ravinder Dudeja JJ. The Division Bench ruled that customs authorities must comply with the requirements of pre-eminence when rejecting declared transaction values, and that mere reliance on external data without corroborative evidence fails to meet the standards under the Customs Valuation Rules. The appeals by Niraj Silk Mills and Hanuman Prasad and Sons were allowed and CESTAT order The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

This is another duplicate IK entry for the 137-page customs valuation landmark judgment by Yashwant Varma and Ravinder Dudeja JJ. The Division Bench ruled that customs authorities must comply with the requirements of pre-eminence when rejecting declared transaction values, and that mere reliance on external data without corroborative evidence fails to meet the standards under the Customs Valuation Rules. The appeals by Niraj Silk Mills and Hanuman Prasad and Sons were allowed and CESTAT orders set aside.

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

This is another duplicate IK entry for the 137-page customs valuation landmark judgment by Yashwant Varma and Ravinder Dudeja JJ. The Division Bench ruled that customs authorities must comply with the...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-2247644)