https://www.taxtmi.com/caselaws?id=754797 The CESTAT Bangalore set aside customs authorities' rejection of declared import value and allowed the appeal. Despite investigations triggered by discrepancies in commercial invoice signatures between supplier and signatory entities, no evidence proved payment exceeding declared value. The tribunal found authorities failed to follow proper valuation procedures under Section 14 of Customs Act, 1962 and Customs Valuation Rules. Retracted statements, denial of cross-examination rights, and lack of methodology in chartered engineer's redetermination violated natural justice principles. Random emails and uncorroborated statements provided insufficient evidentiary basis for value enhancement. en-us Thu, 27 Jun 2024 00:00:00 +0530 Sat, 29 Jun 2024 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754797 The CESTAT Bangalore set aside customs authorities' rejection of declared import value and allowed the appeal. Despite investigations triggered by discrepancies in commercial invoice signatures between supplier and signatory entities, no evidence proved payment exceeding declared value. The tribunal found authorities failed to follow proper valuation procedures under Section 14 of Customs Act, 1962 and Customs Valuation Rules. Retracted statements, denial of cross-examination rights, and lack of methodology in chartered engineer's redetermination violated natural justice principles. Random emails and uncorroborated statements provided insufficient evidentiary basis for value enhancement. Case-Laws Customs Thu, 27 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754797