https://www.taxtmi.com/highlights?id=75653 Valuation of imported goods - rejection of declared value - enhancement of value - The CESTAT held that since the appellant had voluntarily waived the right to a show cause notice and a personal hearing, and had accepted the enhanced value, the customs authorities were not required to follow the sequential procedure for valuation under the 2007 Valuation Rules. - The Tribunal did not accept the argument that the duty on the enhanced value was paid under duress, noting that the appellant had voluntarily accepted the enhanced value. en-us Wed, 13 Mar 2024 11:32:25 +0530 Wed, 13 Mar 2024 11:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75653 Valuation of imported goods - rejection of declared value - enhancement of value - The CESTAT held that since the appellant had voluntarily waived the right to a show cause notice and a personal hearing, and had accepted the enhanced value, the customs authorities were not required to follow the sequential procedure for valuation under the 2007 Valuation Rules. - The Tribunal did not accept the argument that the duty on the enhanced value was paid under duress, noting that the appellant had voluntarily accepted the enhanced value. Highlights Customs Wed, 13 Mar 2024 11:32:25 +0530 https://www.taxtmi.com/highlights?id=75653