https://www.taxtmi.com/caselaws?id=34466 Declared transaction value of imported goods cannot be rejected and enhanced merely on NIDB comparisons where the comparable entries involve different quantities, commercial levels, brand status, or trader-level transactions. The Department must support any adjustment with reliable contemporaneous evidence and demonstrate that the proposed differences have been reasonably and accurately accounted for before discarding the declared value. Here, contemporaneous Bills of Entry and prior acceptance on similar facts supported the importer's declared value, so the NIDB-based enhancement was not justified and the Revenue's challenge failed. en-us Tue, 23 Dec 2008 00:00:00 +0530 Tue, 01 Sep 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34466 Declared transaction value of imported goods cannot be rejected and enhanced merely on NIDB comparisons where the comparable entries involve different quantities, commercial levels, brand status, or trader-level transactions. The Department must support any adjustment with reliable contemporaneous evidence and demonstrate that the proposed differences have been reasonably and accurately accounted for before discarding the declared value. Here, contemporaneous Bills of Entry and prior acceptance on similar facts supported the importer's declared value, so the NIDB-based enhancement was not justified and the Revenue's challenge failed. Case-Laws Customs Tue, 23 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34466