https://www.taxtmi.com/caselaws?id=124101 Declared transaction value of imported goods cannot be rejected and enhanced merely by referencing higher imports at another port unless the department supplies supporting documents, establishes comparability of the goods, and records valid reasons under the Customs Valuation Rules. The valuation hierarchy must also be followed sequentially before moving to a higher method of assessment. On the stated facts, the absence of documentary support for the Mumbai import value, the lack of clear proof that the goods were identical, and the failure to record specific reasons for rejecting transaction value made the enhancement unsustainable, so the declared value had to be accepted. en-us Mon, 26 May 2008 00:00:00 +0530 Wed, 06 Sep 2017 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124101 Declared transaction value of imported goods cannot be rejected and enhanced merely by referencing higher imports at another port unless the department supplies supporting documents, establishes comparability of the goods, and records valid reasons under the Customs Valuation Rules. The valuation hierarchy must also be followed sequentially before moving to a higher method of assessment. On the stated facts, the absence of documentary support for the Mumbai import value, the lack of clear proof that the goods were identical, and the failure to record specific reasons for rejecting transaction value made the enhancement unsustainable, so the declared value had to be accepted. Case-Laws Customs Mon, 26 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124101