https://www.taxtmi.com/caselaws?id=762375 Delhi HC allowed appeals against CESTAT decision regarding customs valuation enhancement. The court held that importers' communications seeking expeditious clearance did not constitute waiver of their right to challenge reassessment under Section 17 of Customs Act, 1962. CESTAT erred in finding conscious abandonment of appeal rights based on without prejudice requests. The court ruled that customs authorities cannot enhance declared values solely on NIDB data without corroborative evidence and must pass speaking orders explaining reassessment reasons. Mere reliance on external data without justification fails statutory requirements. CESTAT orders were set aside and Commissioner (Appeals) order restored. en-us Wed, 27 Nov 2024 00:00:00 +0530 Sat, 30 Nov 2024 08:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762375 Delhi HC allowed appeals against CESTAT decision regarding customs valuation enhancement. The court held that importers' communications seeking expeditious clearance did not constitute waiver of their right to challenge reassessment under Section 17 of Customs Act, 1962. CESTAT erred in finding conscious abandonment of appeal rights based on without prejudice requests. The court ruled that customs authorities cannot enhance declared values solely on NIDB data without corroborative evidence and must pass speaking orders explaining reassessment reasons. Mere reliance on external data without justification fails statutory requirements. CESTAT orders were set aside and Commissioner (Appeals) order restored. Case-Laws Customs Wed, 27 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762375