https://www.taxtmi.com/caselaws?id=176308 Assessable value of imported goods cannot be enhanced unless the rejection of the declared transaction value is supported by a discernible and lawful basis. The record showed that the adjudicating authority relied on general practice and NIDB data without any concrete material, hard copy, or specific foundation to justify the enhancement. Earlier clearance of the goods and payment of duty did not bar the importer from challenging the assessment. On that basis, the enhancement of value was held unsustainable and the declared transaction value was accepted in favour of the assessee. en-us Fri, 28 Feb 2014 00:00:00 +0530 Sat, 19 Dec 2015 09:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176308 Assessable value of imported goods cannot be enhanced unless the rejection of the declared transaction value is supported by a discernible and lawful basis. The record showed that the adjudicating authority relied on general practice and NIDB data without any concrete material, hard copy, or specific foundation to justify the enhancement. Earlier clearance of the goods and payment of duty did not bar the importer from challenging the assessment. On that basis, the enhancement of value was held unsustainable and the declared transaction value was accepted in favour of the assessee. Case-Laws Customs Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176308