https://www.taxtmi.com/caselaws?id=770958 Declared customs value cannot be rejected on the basis of unverified NIDB data or contemporaneous references unless the valuation framework is satisfied by evidence that the declared price is unreliable, including comparable goods, relevant trade conditions, or any extra consideration; on the facts noted, the enhancement of CIF value was unsustainable. Motor controllers were described as devices used to start, stop, and regulate electric motors, and in the absence of proof of exclusive or principal use as e-rickshaw parts, they were classified under CTH 8503 0090 rather than CTH 8708 9900. The Revenue's appeal was rejected and the Commissioner (Appeals) orders were sustained. en-us Wed, 14 May 2025 00:00:00 +0530 Mon, 19 May 2025 08:37:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770958 Declared customs value cannot be rejected on the basis of unverified NIDB data or contemporaneous references unless the valuation framework is satisfied by evidence that the declared price is unreliable, including comparable goods, relevant trade conditions, or any extra consideration; on the facts noted, the enhancement of CIF value was unsustainable. Motor controllers were described as devices used to start, stop, and regulate electric motors, and in the absence of proof of exclusive or principal use as e-rickshaw parts, they were classified under CTH 8503 0090 rather than CTH 8708 9900. The Revenue's appeal was rejected and the Commissioner (Appeals) orders were sustained. Case-Laws Customs Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770958