https://www.taxtmi.com/caselaws?id=243264 Import value enhancement based solely on NIDB data and an examination report was held unsustainable where the importer had not admitted liability or signed any acknowledgment accepting the revised value, and the record disclosed no other cogent evidence supporting the increase. A valuation order cannot rest on suspicion or surmise; it must be backed by reliable material showing the enhanced value is justified. On that basis, the revenue's challenge to the valuation was dismissed. en-us Tue, 14 Aug 2012 00:00:00 +0530 Wed, 29 Jan 2014 10:17:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243264 Import value enhancement based solely on NIDB data and an examination report was held unsustainable where the importer had not admitted liability or signed any acknowledgment accepting the revised value, and the record disclosed no other cogent evidence supporting the increase. A valuation order cannot rest on suspicion or surmise; it must be backed by reliable material showing the enhanced value is justified. On that basis, the revenue's challenge to the valuation was dismissed. Case-Laws Customs Tue, 14 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243264