https://www.taxtmi.com/caselaws?id=267394 An importer who consented in writing to an enhanced assessable value and paid duty without protest was treated as having accepted the revision, making a later challenge to that valuation untenable. The commentary states that, where a show cause notice was waived at the importer's request, the Revenue was not required to further prove the valuation, and natural justice could not be used to reopen the accepted assessment. It also notes that a re-determination supported by NIDB data was not shown to be arbitrary or unreasonable, and prior precedent was said to favour estoppel against a party that voluntarily accepts the revised value. en-us Wed, 12 Aug 2015 00:00:00 +0530 Thu, 05 Nov 2015 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267394 An importer who consented in writing to an enhanced assessable value and paid duty without protest was treated as having accepted the revision, making a later challenge to that valuation untenable. The commentary states that, where a show cause notice was waived at the importer's request, the Revenue was not required to further prove the valuation, and natural justice could not be used to reopen the accepted assessment. It also notes that a re-determination supported by NIDB data was not shown to be arbitrary or unreasonable, and prior precedent was said to favour estoppel against a party that voluntarily accepts the revised value. Case-Laws Customs Wed, 12 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267394