https://www.taxtmi.com/caselaws?id=326026 Declared import value cannot be rejected or enhanced without contemporaneous evidence of undervaluation, compliance with the prescribed valuation procedure, and observance of natural justice. The lower authority bore the burden of justifying departure from the declared transaction value, but no comparable import evidence was produced. Enhancement was also made without a show-cause notice or personal hearing, rendering the process procedurally defective and contrary to Rule 10A of the Customs Valuation Rules, 1988. The enhancement was therefore held invalid and the first appellate authority's order was upheld. en-us Tue, 02 Feb 2016 00:00:00 +0530 Wed, 16 Nov 2016 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326026 Declared import value cannot be rejected or enhanced without contemporaneous evidence of undervaluation, compliance with the prescribed valuation procedure, and observance of natural justice. The lower authority bore the burden of justifying departure from the declared transaction value, but no comparable import evidence was produced. Enhancement was also made without a show-cause notice or personal hearing, rendering the process procedurally defective and contrary to Rule 10A of the Customs Valuation Rules, 1988. The enhancement was therefore held invalid and the first appellate authority's order was upheld. Case-Laws Customs Tue, 02 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326026