https://www.taxtmi.com/caselaws?id=425998 A customs undervaluation demand cannot stand on suspicion, uncorroborated statements or insurance values alone. The alleged extra consideration was not proved by independent, cogent evidence showing payment beyond the invoice price, so the charge of undervaluation failed. Electronic printouts, emails and forensic data were also inadmissible because the mandatory statutory conditions for electronic evidence were not complied with, and the search record did not properly support their use. Retracted statements, without reliable corroboration, were insufficient to sustain confiscation, duty demand or penalties. The demand, confiscation and penalties were set aside, with consequential relief. en-us Mon, 01 Aug 2022 00:00:00 +0530 Mon, 13 Oct 2025 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425998 A customs undervaluation demand cannot stand on suspicion, uncorroborated statements or insurance values alone. The alleged extra consideration was not proved by independent, cogent evidence showing payment beyond the invoice price, so the charge of undervaluation failed. Electronic printouts, emails and forensic data were also inadmissible because the mandatory statutory conditions for electronic evidence were not complied with, and the search record did not properly support their use. Retracted statements, without reliable corroboration, were insufficient to sustain confiscation, duty demand or penalties. The demand, confiscation and penalties were set aside, with consequential relief. Case-Laws Customs Mon, 01 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425998