https://www.taxtmi.com/caselaws?id=437455 Declared assessable value of imported goods was lawfully rejected where the proper officer entertained reasonable doubt under the Customs Valuation Rules, 2007 after comparing contemporaneous imports of identical or similar goods from the same country in comparable quantities. The importer was queried, NIDB contemporaneous data was shared, and a personal hearing was afforded, satisfying rule 12(2). Because the comparable imports showed substantially higher values and matched in description, origin, and commercial quantity, re-determination of value on the basis of contemporaneous import data was upheld. en-us Wed, 03 May 2023 00:00:00 +0530 Fri, 05 May 2023 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437455 Declared assessable value of imported goods was lawfully rejected where the proper officer entertained reasonable doubt under the Customs Valuation Rules, 2007 after comparing contemporaneous imports of identical or similar goods from the same country in comparable quantities. The importer was queried, NIDB contemporaneous data was shared, and a personal hearing was afforded, satisfying rule 12(2). Because the comparable imports showed substantially higher values and matched in description, origin, and commercial quantity, re-determination of value on the basis of contemporaneous import data was upheld. Case-Laws Customs Wed, 03 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437455