https://www.taxtmi.com/caselaws?id=210826 Declared transaction value could not be substituted in customs valuation merely on a mechanical basis where the first appellate authority had already examined the matter under the Customs Valuation (Determination of Price of Imported Goods) Rules, 2007 and recorded reasons. In the absence of documentary support or other cogent material to justify disturbing the declared value, the proposed reassessment was not sustainable. The Revenue's appeal was rejected, and the declared transaction value was left undisturbed. en-us Wed, 11 Jan 2012 00:00:00 +0530 Wed, 22 Feb 2012 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210826 Declared transaction value could not be substituted in customs valuation merely on a mechanical basis where the first appellate authority had already examined the matter under the Customs Valuation (Determination of Price of Imported Goods) Rules, 2007 and recorded reasons. In the absence of documentary support or other cogent material to justify disturbing the declared value, the proposed reassessment was not sustainable. The Revenue's appeal was rejected, and the declared transaction value was left undisturbed. Case-Laws Customs Wed, 11 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210826