https://www.taxtmi.com/caselaws?id=395696 A consent letter given to avoid delay in clearance did not extinguish the importer's statutory right to challenge reassessment, so the appeals remained maintainable under the Customs Act. Value enhancement of the imported goods was also unsustainable because it was based only on DGOV guidelines, without contemporaneous import evidence and without applying the Customs Valuation Rules in the prescribed sequence. The decision reiterates that declared value cannot be rejected mechanically and that departmental guidance cannot override statutory valuation requirements. The reassessment and consequential appellate rejection therefore could not stand, and relief followed for the importer. en-us Mon, 01 Jun 2020 00:00:00 +0530 Wed, 03 Jun 2020 11:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395696 A consent letter given to avoid delay in clearance did not extinguish the importer's statutory right to challenge reassessment, so the appeals remained maintainable under the Customs Act. Value enhancement of the imported goods was also unsustainable because it was based only on DGOV guidelines, without contemporaneous import evidence and without applying the Customs Valuation Rules in the prescribed sequence. The decision reiterates that declared value cannot be rejected mechanically and that departmental guidance cannot override statutory valuation requirements. The reassessment and consequential appellate rejection therefore could not stand, and relief followed for the importer. Case-Laws Customs Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395696