https://www.taxtmi.com/highlights?id=88003 CESTAT dismissed the Revenue's appeal challenging the enhancement of imported goods' transaction value. The Tribunal held that unilateral value enhancement based solely on selective National Import Database (NIDB) data without adhering to statutory provisions is legally unsustainable. Relying on precedent in a prior case involving similar circumstances, the Tribunal found no valid grounds to modify the original declared transaction value, thereby upholding the importer's valuation and rejecting the Revenue's appeal without merit. en-us Sat, 03 May 2025 08:34:49 +0530 Sat, 03 May 2025 08:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88003 CESTAT dismissed the Revenue's appeal challenging the enhancement of imported goods' transaction value. The Tribunal held that unilateral value enhancement based solely on selective National Import Database (NIDB) data without adhering to statutory provisions is legally unsustainable. Relying on precedent in a prior case involving similar circumstances, the Tribunal found no valid grounds to modify the original declared transaction value, thereby upholding the importer's valuation and rejecting the Revenue's appeal without merit. Highlights Customs Sat, 03 May 2025 08:34:49 +0530 https://www.taxtmi.com/highlights?id=88003