https://www.taxtmi.com/caselaws?id=450787 The CESTAT New Delhi dismissed an appeal challenging customs valuation enhancement. The appellant imported jackets from Hong Kong and initially declared a lower value in the Bill of Entry. During assessment, the appellant voluntarily accepted enhanced values for five jacket types in a written statement without requesting a hearing. The Joint Commissioner rejected the declared transaction value and redetermined assessable value based on the appellant's acceptance and contemporaneous e-commerce site data. The tribunal held that once the appellant accepted enhanced valuation, sequential application of valuation rules 4-9 was unnecessary. The appellant's claim of paying duty under duress was rejected as it wasn't raised earlier and lacked merit given voluntary payment without objection. en-us Mon, 11 Mar 2024 00:00:00 +0530 Wed, 13 Mar 2024 08:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450787 The CESTAT New Delhi dismissed an appeal challenging customs valuation enhancement. The appellant imported jackets from Hong Kong and initially declared a lower value in the Bill of Entry. During assessment, the appellant voluntarily accepted enhanced values for five jacket types in a written statement without requesting a hearing. The Joint Commissioner rejected the declared transaction value and redetermined assessable value based on the appellant's acceptance and contemporaneous e-commerce site data. The tribunal held that once the appellant accepted enhanced valuation, sequential application of valuation rules 4-9 was unnecessary. The appellant's claim of paying duty under duress was rejected as it wasn't raised earlier and lacked merit given voluntary payment without objection. Case-Laws Customs Mon, 11 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450787