https://www.taxtmi.com/caselaws?id=757024 CESTAT CHENNAI - AT allowed the appeal, set aside the impugned order and held that electronic records under section 138C require the mandatory certificate analogous to s.65B(4) of the Evidence Act; absence of such certificate is fatal to the revenue's case. The Tribunal found the depreciated import valuation in the CE's Inspection Report and Valuation Certificate - accepted at import and arrived under the Board's circular - was not validly displaced by reasserting the declared value; accordingly demand for duty and penalties did not survive. en-us Tue, 23 Jul 2024 00:00:00 +0530 Fri, 24 Oct 2025 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757024 CESTAT CHENNAI - AT allowed the appeal, set aside the impugned order and held that electronic records under section 138C require the mandatory certificate analogous to s.65B(4) of the Evidence Act; absence of such certificate is fatal to the revenue's case. The Tribunal found the depreciated import valuation in the CE's Inspection Report and Valuation Certificate - accepted at import and arrived under the Board's circular - was not validly displaced by reasserting the declared value; accordingly demand for duty and penalties did not survive. Case-Laws Customs Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757024