https://www.taxtmi.com/caselaws?id=125039 Declared customs value of imported waste paper may be enhanced on the basis of contemporaneous import prices only after following the prescribed valuation procedure, including disclosure of the reasons for rejecting the declared value and the material relied upon for enhancement. Because that procedure was not followed, the valuation enhancements were set aside and the matter was remitted for fresh consideration after giving the importer an opportunity to submit evidence and be heard. The delay in filing two connected appeals was also condoned on the facts presented, enabling hearing on merits. en-us Fri, 30 Jan 2009 00:00:00 +0530 Thu, 18 Oct 2012 13:31:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125039 Declared customs value of imported waste paper may be enhanced on the basis of contemporaneous import prices only after following the prescribed valuation procedure, including disclosure of the reasons for rejecting the declared value and the material relied upon for enhancement. Because that procedure was not followed, the valuation enhancements were set aside and the matter was remitted for fresh consideration after giving the importer an opportunity to submit evidence and be heard. The delay in filing two connected appeals was also condoned on the facts presented, enabling hearing on merits. Case-Laws Customs Fri, 30 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125039