https://www.taxtmi.com/caselaws?id=757024 In customs valuation disputes involving second-hand machinery, the note states that a declared value already assessed on the basis of inspection and chartered engineer certificates under the governing circular cannot be displaced without lawful challenge and reliable proof of undervaluation. It further states that electronic printouts and device data relied upon for valuation or demand are inadmissible unless supported by the statutory certificate required for electronic records under section 138C of the Customs Act, 1962. On that reasoning, the note records that undervaluation was not established and electronic evidence could not sustain duty demand, interest, or penalties. 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 In customs valuation disputes involving second-hand machinery, the note states that a declared value already assessed on the basis of inspection and chartered engineer certificates under the governing circular cannot be displaced without lawful challenge and reliable proof of undervaluation. It further states that electronic printouts and device data relied upon for valuation or demand are inadmissible unless supported by the statutory certificate required for electronic records under section 138C of the Customs Act, 1962. On that reasoning, the note records that undervaluation was not established and electronic evidence could not sustain duty demand, interest, or penalties. Case-Laws Customs Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757024