https://www.taxtmi.com/caselaws?id=754796 Enhancement of the declared value for DTA clearances to a related unit was unsustainable because the proper officer had not issued a reasoned speaking order, had not disclosed the basis for rejecting the declared transaction value, and had not complied with natural justice. The prior SVB determination had accepted the declared value subject to conditions, so the valuation had to be reconsidered afresh in accordance with the Customs Act and Valuation Rules. Duty paid at the enhanced value was treated as paid under protest because the assessee consistently objected and sought a speaking order while continuing clearance to avoid disruption. The order was set aside and the matter remanded for fresh determination. en-us Wed, 26 Jun 2024 00:00:00 +0530 Mon, 01 Jul 2024 08:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754796 Enhancement of the declared value for DTA clearances to a related unit was unsustainable because the proper officer had not issued a reasoned speaking order, had not disclosed the basis for rejecting the declared transaction value, and had not complied with natural justice. The prior SVB determination had accepted the declared value subject to conditions, so the valuation had to be reconsidered afresh in accordance with the Customs Act and Valuation Rules. Duty paid at the enhanced value was treated as paid under protest because the assessee consistently objected and sought a speaking order while continuing clearance to avoid disruption. The order was set aside and the matter remanded for fresh determination. Case-Laws Customs Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754796