https://www.taxtmi.com/caselaws?id=294733 Declared assessable value of imported electronic printed circuit boards could not be rejected merely on website references and contemporaneous data when the exact nature and use of the goods required technical examination. Customs valuation under section 14 of the Customs Act, 1962 read with the Customs Valuation Rules, 2007 had to be based on expert inspection of the goods, and the material used for any redetermination had to be disclosed to the importer to enable rebuttal. The valuation adopted by the adjudicating authority was therefore not sustained, and the matter was remanded for de novo adjudication after expert examination and disclosure of the basis of valuation. en-us Thu, 26 Sep 2019 00:00:00 +0530 Fri, 30 Apr 2021 08:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294733 Declared assessable value of imported electronic printed circuit boards could not be rejected merely on website references and contemporaneous data when the exact nature and use of the goods required technical examination. Customs valuation under section 14 of the Customs Act, 1962 read with the Customs Valuation Rules, 2007 had to be based on expert inspection of the goods, and the material used for any redetermination had to be disclosed to the importer to enable rebuttal. The valuation adopted by the adjudicating authority was therefore not sustained, and the matter was remanded for de novo adjudication after expert examination and disclosure of the basis of valuation. Case-Laws Customs Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294733