https://www.taxtmi.com/caselaws?id=440050 Transaction value could not be rejected and enhanced merely on NIDB data unless contemporaneous imports were shown to be reliably comparable through cogent evidence; the declared value therefore remained operative and the differential duty demand failed. Alleged labelling and packaging defects did not justify confiscation, redemption fine or penalty where the goods had been repacked and relabelled under supervision, tested, and certified in compliance with judicial directions, so the basis for confiscation no longer survived and the consequential penalties were unsustainable. The impugned order was set aside in full. en-us Thu, 06 Jul 2023 00:00:00 +0530 Sat, 03 Feb 2024 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440050 Transaction value could not be rejected and enhanced merely on NIDB data unless contemporaneous imports were shown to be reliably comparable through cogent evidence; the declared value therefore remained operative and the differential duty demand failed. Alleged labelling and packaging defects did not justify confiscation, redemption fine or penalty where the goods had been repacked and relabelled under supervision, tested, and certified in compliance with judicial directions, so the basis for confiscation no longer survived and the consequential penalties were unsustainable. The impugned order was set aside in full. Case-Laws Customs Thu, 06 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440050