https://www.taxtmi.com/caselaws?id=750997 Enhancement of the assessable value of imported goods was unsustainable where the importer had furnished contemporaneous import details and the record did not disclose the basis for the revised value. The related-party status of the overseas supplier was not in dispute, but the lower authorities failed to examine the materials produced before them. The enhanced valuation was set aside and the matter was remanded to the adjudicating authority for fresh consideration of the contemporaneous import evidence and the valuation basis. en-us Thu, 03 Aug 2023 00:00:00 +0530 Fri, 05 Apr 2024 09:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750997 Enhancement of the assessable value of imported goods was unsustainable where the importer had furnished contemporaneous import details and the record did not disclose the basis for the revised value. The related-party status of the overseas supplier was not in dispute, but the lower authorities failed to examine the materials produced before them. The enhanced valuation was set aside and the matter was remanded to the adjudicating authority for fresh consideration of the contemporaneous import evidence and the valuation basis. Case-Laws Customs Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750997