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

ik-59320001 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-59320001). Multiple customs appeals challenged CESTAT orders that upheld the rejection of declared transaction values for textile imports by Niraj Silk Mills, Hanuman Prasad and Sons, and connected importers at ICD Patparganj. In a 137-page landmark judgment, the Division Bench examined the pre-eminence of declared transaction values under the Customs Valuation Rules, holding that reassessment or rejection of declared values must be founded on tangible and justiciable material. The appeals were allowed, The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Yashwant Varma.

Summary

Multiple customs appeals challenged CESTAT orders that upheld the rejection of declared transaction values for textile imports by Niraj Silk Mills, Hanuman Prasad and Sons, and connected importers at ICD Patparganj. In a 137-page landmark judgment, the Division Bench examined the pre-eminence of declared transaction values under the Customs Valuation Rules, holding that reassessment or rejection of declared values must be founded on tangible and justiciable material. The appeals were allowed, CESTAT orders set aside, and the Commissioner (Appeals) orders restored, establishing that customs authorities cannot rely solely on external data without corroborative evidence to reject declared values.

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

Multiple customs appeals challenged CESTAT orders that upheld the rejection of declared transaction values for textile imports by Niraj Silk Mills, Hanuman Prasad and Sons, and connected importers at ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-59320001)