https://www.taxtmi.com/caselaws?id=767813 The Tribunal upheld the rejection of the declared value of imported goods under rule 10A of the Customs Valuation Rules, 1988, due to insufficient evidence from the importer. However, it set aside the surrogate value adopted by the original authority under rule 8, finding the methodology flawed and inconsistent with the legal framework. The Tribunal emphasized that valuation must be supported by evidence and adhere to the principles outlined in the Customs Valuation Rules, 1988. en-us Tue, 25 Mar 2025 00:00:00 +0530 Wed, 26 Mar 2025 06:50:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767813 The Tribunal upheld the rejection of the declared value of imported goods under rule 10A of the Customs Valuation Rules, 1988, due to insufficient evidence from the importer. However, it set aside the surrogate value adopted by the original authority under rule 8, finding the methodology flawed and inconsistent with the legal framework. The Tribunal emphasized that valuation must be supported by evidence and adhere to the principles outlined in the Customs Valuation Rules, 1988. Case-Laws Customs Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767813