https://www.taxtmi.com/caselaws?id=190143 The High Court clarified that standing orders in customs duty assessment are guidelines, not mandates, intended to streamline customs officers' functions. The use of foreign journals for valuation of imported goods is permissible if transaction value is rejected, with Customs Valuation Rules and contemporaneous imports as primary references. The Assessing Authority must justify any deviation from transaction value. The court disposed of the writ petition, granting the petitioner the chance to provide evidence for valuation and seek redress if needed, aligning with the Supreme Court's directives. en-us Fri, 28 Aug 2009 00:00:00 +0530 Tue, 07 Feb 2017 14:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190143 The High Court clarified that standing orders in customs duty assessment are guidelines, not mandates, intended to streamline customs officers' functions. The use of foreign journals for valuation of imported goods is permissible if transaction value is rejected, with Customs Valuation Rules and contemporaneous imports as primary references. The Assessing Authority must justify any deviation from transaction value. The court disposed of the writ petition, granting the petitioner the chance to provide evidence for valuation and seek redress if needed, aligning with the Supreme Court's directives. Case-Laws Customs Fri, 28 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190143