https://www.taxtmi.com/caselaws?id=360865 Declared value for a second-hand crane cannot be rejected merely on the basis of a discrepant Chartered Engineer certificate and a website printout unless the Revenue reliably proves that the online reference concerns the same goods. Where the alleged comparable differs on make, year and capacity, it does not establish undervaluation or justify enhancement of assessable value. If enhancement fails, the consequential customs demand, confiscation and penalties also fall, and any penalty claim under Section 114A has no independent footing once the demand itself is set aside. en-us Tue, 22 May 2018 00:00:00 +0530 Wed, 20 Jun 2018 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360865 Declared value for a second-hand crane cannot be rejected merely on the basis of a discrepant Chartered Engineer certificate and a website printout unless the Revenue reliably proves that the online reference concerns the same goods. Where the alleged comparable differs on make, year and capacity, it does not establish undervaluation or justify enhancement of assessable value. If enhancement fails, the consequential customs demand, confiscation and penalties also fall, and any penalty claim under Section 114A has no independent footing once the demand itself is set aside. Case-Laws Customs Tue, 22 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360865