https://www.taxtmi.com/caselaws?id=414842 A proforma invoice not issued in the importer's name, without proof of extra payment or other reliable evidence of undervaluation, was insufficient to reject the declared transaction value of imported goods. The consignments had already been assessed by the proper officer, and those assessments were not challenged. As the material for enhancement failed, the re-determination of assessable value could not be sustained, and the consequential confiscation, redemption fine and penalties also fell. en-us Tue, 16 Nov 2021 00:00:00 +0530 Thu, 18 Nov 2021 07:27:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414842 A proforma invoice not issued in the importer's name, without proof of extra payment or other reliable evidence of undervaluation, was insufficient to reject the declared transaction value of imported goods. The consignments had already been assessed by the proper officer, and those assessments were not challenged. As the material for enhancement failed, the re-determination of assessable value could not be sustained, and the consequential confiscation, redemption fine and penalties also fell. Case-Laws Customs Tue, 16 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414842