https://www.taxtmi.com/caselaws?id=750897 Declared transaction value of imported goods could not be upheld on the existing record where enhancement rested mainly on a prior import from the same supplier. The importer's explanation of a price change caused by environmental regulation in the export country, together with supporting case law, was not properly considered by the lower authorities. As no material beyond a contemporaneous bill of entry was brought to establish suppression of value, the valuation dispute required fresh examination. The matter was remanded for reconsideration after addressing the price fluctuation explanation and granting a proper opportunity of hearing. en-us Mon, 01 Apr 2024 00:00:00 +0530 Tue, 22 Oct 2024 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750897 Declared transaction value of imported goods could not be upheld on the existing record where enhancement rested mainly on a prior import from the same supplier. The importer's explanation of a price change caused by environmental regulation in the export country, together with supporting case law, was not properly considered by the lower authorities. As no material beyond a contemporaneous bill of entry was brought to establish suppression of value, the valuation dispute required fresh examination. The matter was remanded for reconsideration after addressing the price fluctuation explanation and granting a proper opportunity of hearing. Case-Laws Customs Mon, 01 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750897