https://www.taxtmi.com/caselaws?id=114641 Customs valuation adjudication must be conducted by the authority clearly exercising jurisdiction, and an order is unsustainable where proceedings are left ambiguous between officers. Here, the matter also failed because extensive documentary evidence supporting the declared transaction value was not considered, rendering the order non-speaking and contrary to natural justice. The assessment and penalty order was therefore set aside and the matter remanded for de novo adjudication, with protection against encashment of the bank guarantee until disposal. en-us Mon, 18 Oct 2004 00:00:00 +0530 Fri, 18 May 2012 16:10:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114641 Customs valuation adjudication must be conducted by the authority clearly exercising jurisdiction, and an order is unsustainable where proceedings are left ambiguous between officers. Here, the matter also failed because extensive documentary evidence supporting the declared transaction value was not considered, rendering the order non-speaking and contrary to natural justice. The assessment and penalty order was therefore set aside and the matter remanded for de novo adjudication, with protection against encashment of the bank guarantee until disposal. Case-Laws Customs Mon, 18 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114641