COMMISSIONER OF CENTRAL EXCISE AND SERVICE TAX NOIDA vs M/S SANJIVANI NON FERROUS TRADING PVT LTD

The Supreme Court addressed the issue of assessable value for imported Aluminum Scrap under Section 14 of the Customs Act, 1962. The Court upheld the Tribunal's decision to reject the Revenue's enhancement of the assessable value, emphasizing that the Original Authority failed to properly examine the evidence required for such enhancement. The Court affirmed the Tribunal's ruling, restoring the declared assessable value in the Bills of Entry and granting consequential relief to the appellant.