https://www.taxtmi.com/caselaws?id=758384 Declared transaction value cannot be rejected merely on NIDB data or alleged comparable imports unless the customs valuation framework is supported by cogent contemporaneous evidence showing the invoice price is not genuine, related-party influence, or extra consideration. On the facts stated, enhancement of assessable value was not justified and the declared value was accepted. For classification, a motor controller used principally for starting, stopping and regulating a motor falls under CTH 8503 0090 where its principal use is with that machine, and it was not shown to be a part or accessory of e-rickshaw under CTH 8708 9900. The Commissioner (Appeals) order was upheld. en-us Mon, 02 Sep 2024 00:00:00 +0530 Thu, 12 Sep 2024 20:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758384 Declared transaction value cannot be rejected merely on NIDB data or alleged comparable imports unless the customs valuation framework is supported by cogent contemporaneous evidence showing the invoice price is not genuine, related-party influence, or extra consideration. On the facts stated, enhancement of assessable value was not justified and the declared value was accepted. For classification, a motor controller used principally for starting, stopping and regulating a motor falls under CTH 8503 0090 where its principal use is with that machine, and it was not shown to be a part or accessory of e-rickshaw under CTH 8708 9900. The Commissioner (Appeals) order was upheld. Case-Laws Customs Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758384