https://www.taxtmi.com/caselaws?id=387485 The Tribunal allowed the appeals, set aside the impugned orders, and granted the appellants consequential benefits. It held that the Revenue cannot enhance the declared value of imported goods without validly rejecting the transaction value as per Section 14 of the Customs Act. The re-assessment without a speaking order was deemed invalid, and the appellant's acceptance of the enhanced value and payment of differential duty under duress did not waive their right to appeal, especially when the rejection of declared value lacked substantiated reasons. en-us Tue, 22 Oct 2019 00:00:00 +0530 Thu, 24 Oct 2019 08:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387485 The Tribunal allowed the appeals, set aside the impugned orders, and granted the appellants consequential benefits. It held that the Revenue cannot enhance the declared value of imported goods without validly rejecting the transaction value as per Section 14 of the Customs Act. The re-assessment without a speaking order was deemed invalid, and the appellant's acceptance of the enhanced value and payment of differential duty under duress did not waive their right to appeal, especially when the rejection of declared value lacked substantiated reasons. Case-Laws Customs Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387485