https://www.taxtmi.com/caselaws?id=242257 Declared transaction value under the Customs Valuation Rules, 1988 cannot be rejected unless a legally sustainable doubt is supported by proper enquiry and reliable contemporaneous evidence; on that basis, reassessment was unsustainable. A broad description in the import documents did not itself establish general misdeclaration, so valuation-linked confiscation and penalty could not survive, but undeclared goods remained liable to confiscation and duty consequences. Non-declaration of MRP for CFLs could not be upheld without a finding that the goods were pre-packaged commodities intended for sale to ultimate consumers, so that limited issue required de novo adjudication. en-us Thu, 01 Aug 2013 00:00:00 +0530 Sat, 11 Jan 2014 05:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242257 Declared transaction value under the Customs Valuation Rules, 1988 cannot be rejected unless a legally sustainable doubt is supported by proper enquiry and reliable contemporaneous evidence; on that basis, reassessment was unsustainable. A broad description in the import documents did not itself establish general misdeclaration, so valuation-linked confiscation and penalty could not survive, but undeclared goods remained liable to confiscation and duty consequences. Non-declaration of MRP for CFLs could not be upheld without a finding that the goods were pre-packaged commodities intended for sale to ultimate consumers, so that limited issue required de novo adjudication. Case-Laws Customs Thu, 01 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242257