https://www.taxtmi.com/caselaws?id=153585 Differential customs duty, interest and penalties for alleged undervaluation could not be sustained where the adjudication order failed to properly examine the declared transaction value, contemporaneous import evidence and the importer's explanations. The order relied mainly on the managing partner's statement and recovered proforma invoices, quotations and pricelists, but did not make a clear finding on rejection of transaction value or re-determination of assessable value. It also ignored the plea that remittances matched the invoice value and summarily discarded contemporaneous import documents without proper scrutiny. As the order was not a speaking order, it was set aside and the matter remanded for de novo consideration with personal hearing. en-us Wed, 17 Jun 2009 00:00:00 +0530 Thu, 25 Jul 2013 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153585 Differential customs duty, interest and penalties for alleged undervaluation could not be sustained where the adjudication order failed to properly examine the declared transaction value, contemporaneous import evidence and the importer's explanations. The order relied mainly on the managing partner's statement and recovered proforma invoices, quotations and pricelists, but did not make a clear finding on rejection of transaction value or re-determination of assessable value. It also ignored the plea that remittances matched the invoice value and summarily discarded contemporaneous import documents without proper scrutiny. As the order was not a speaking order, it was set aside and the matter remanded for de novo consideration with personal hearing. Case-Laws Customs Wed, 17 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153585