https://www.taxtmi.com/caselaws?id=349916 Declared transaction value of imported goods cannot be rejected under the Customs Valuation Rules, 2007 merely because different prices appear against goods under the same description. Where the importer explains that the items are different grades of the same chemical, supports that explanation with technical material and analysis reports, and the department has accepted similar values in later imports, the transaction value remains unimpeached. In the absence of cogent grounds to disbelieve the declared value, enhancement of assessable value is unsustainable. The valuation order was set aside with consequential relief. en-us Thu, 03 Aug 2017 00:00:00 +0530 Fri, 27 Oct 2017 09:05:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349916 Declared transaction value of imported goods cannot be rejected under the Customs Valuation Rules, 2007 merely because different prices appear against goods under the same description. Where the importer explains that the items are different grades of the same chemical, supports that explanation with technical material and analysis reports, and the department has accepted similar values in later imports, the transaction value remains unimpeached. In the absence of cogent grounds to disbelieve the declared value, enhancement of assessable value is unsustainable. The valuation order was set aside with consequential relief. Case-Laws Customs Thu, 03 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349916