https://www.taxtmi.com/caselaws?id=348384 Re-determination of imported goods' assessable value under the deductive method was unsustainable because the authorities relied mainly on the importer's acceptance of the valuation chart and differential duty payment, without a proper Rule 7 analysis. The record did not show the required examination of how the deductive value was computed, including the treatment of Indian sale prices and claimed discounts. Mere acceptance of the chart could not validate the reassessed value. The valuation order was set aside and the matter remanded for fresh consideration of rejection of transaction value and, if necessary, re-determination under Section 14 and the valuation rules. en-us Wed, 23 Aug 2017 00:00:00 +0530 Mon, 30 Apr 2018 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348384 Re-determination of imported goods' assessable value under the deductive method was unsustainable because the authorities relied mainly on the importer's acceptance of the valuation chart and differential duty payment, without a proper Rule 7 analysis. The record did not show the required examination of how the deductive value was computed, including the treatment of Indian sale prices and claimed discounts. Mere acceptance of the chart could not validate the reassessed value. The valuation order was set aside and the matter remanded for fresh consideration of rejection of transaction value and, if necessary, re-determination under Section 14 and the valuation rules. Case-Laws Customs Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348384