https://www.taxtmi.com/caselaws?id=367551 Declared transaction value for imported aluminium scrap could not be rejected without material showing extra payment or a valid basis under the valuation provisions. The importer relied on supplier documents and had sought mutilation if the department was not satisfied that the goods were scrap. Following the importer's earlier case, the Tribunal noted that the declaration did not indicate an intention to misdeclare and that no proper exercise had been undertaken to discard the declared value. On that basis, enhancement of value, confiscation of the goods and penalty were held unsustainable, with consequential relief granted. en-us Fri, 03 Aug 2018 00:00:00 +0530 Sat, 22 Sep 2018 17:08:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367551 Declared transaction value for imported aluminium scrap could not be rejected without material showing extra payment or a valid basis under the valuation provisions. The importer relied on supplier documents and had sought mutilation if the department was not satisfied that the goods were scrap. Following the importer's earlier case, the Tribunal noted that the declaration did not indicate an intention to misdeclare and that no proper exercise had been undertaken to discard the declared value. On that basis, enhancement of value, confiscation of the goods and penalty were held unsustainable, with consequential relief granted. Case-Laws Customs Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367551