https://www.taxtmi.com/caselaws?id=417675 Declared export value cannot be rejected merely because chartered engineer reports suggest different estimates when the notice challenges only value, export proceeds are realised at the declared figure, and no independent corroborative evidence shows hawala or any suspicious payment mode. Here, three engineer reports gave differing estimates but the variations were not substantial, and the Revenue produced no material to displace the declared value. On that basis, the re-determination of export valuation was held unsustainable and the assessee's declared value was restored. en-us Wed, 05 Jan 2022 00:00:00 +0530 Sat, 29 Jan 2022 08:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417675 Declared export value cannot be rejected merely because chartered engineer reports suggest different estimates when the notice challenges only value, export proceeds are realised at the declared figure, and no independent corroborative evidence shows hawala or any suspicious payment mode. Here, three engineer reports gave differing estimates but the variations were not substantial, and the Revenue produced no material to displace the declared value. On that basis, the re-determination of export valuation was held unsustainable and the assessee's declared value was restored. Case-Laws Customs Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417675