https://www.taxtmi.com/caselaws?id=423785 Separate imports by different entities could not be clubbed and treated as complete electronic goods in SKD condition because the record did not establish a proved fraud, sham arrangement, or deliberate subterfuge; the clubbing theory was therefore rejected. Customs valuation also had to follow the statutory transaction-value framework, and the declared invoice value could not be discarded or redetermined on a best-judgment basis using the finished goods' price without admissible evidence of undervaluation or other lawful grounds for rejection. As a result, the consequential confiscation, duty demand, and penalties were not sustained, and the assessee-side appeals succeeded while the Revenue's appeal failed. en-us Thu, 09 Jun 2022 00:00:00 +0530 Wed, 15 Jun 2022 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423785 Separate imports by different entities could not be clubbed and treated as complete electronic goods in SKD condition because the record did not establish a proved fraud, sham arrangement, or deliberate subterfuge; the clubbing theory was therefore rejected. Customs valuation also had to follow the statutory transaction-value framework, and the declared invoice value could not be discarded or redetermined on a best-judgment basis using the finished goods' price without admissible evidence of undervaluation or other lawful grounds for rejection. As a result, the consequential confiscation, duty demand, and penalties were not sustained, and the assessee-side appeals succeeded while the Revenue's appeal failed. Case-Laws Customs Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423785