https://www.taxtmi.com/caselaws?id=116565 Declared import value under the Customs Valuation Rules, 1988 may be rejected where contemporaneous import data, market enquiries, and comparable enhanced values show the transaction value is unreliable; the value may then be redetermined on the basis of comparable imports and best judgment. An appellate order is also unsustainable if the Revenue is not given an effective opportunity to be heard, including a meaningful chance to present counter-arguments. The stated result is that the enhancement of value was upheld and the ex parte appellate order was set aside, restoring the original adjudication. en-us Tue, 19 Jul 2005 00:00:00 +0530 Wed, 13 Jun 2012 16:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116565 Declared import value under the Customs Valuation Rules, 1988 may be rejected where contemporaneous import data, market enquiries, and comparable enhanced values show the transaction value is unreliable; the value may then be redetermined on the basis of comparable imports and best judgment. An appellate order is also unsustainable if the Revenue is not given an effective opportunity to be heard, including a meaningful chance to present counter-arguments. The stated result is that the enhancement of value was upheld and the ex parte appellate order was set aside, restoring the original adjudication. Case-Laws Customs Tue, 19 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116565