https://www.taxtmi.com/caselaws?id=775718 The CESTAT Chennai held that reassessment of imported goods' value without following the prescribed Valuation Rules procedure was improper. The Customs National Import Database (NIDB) can be used to verify declared values against contemporaneous and international prices but cannot replace invoice values absent specific evidence of discrepancy. NIDB data may guide officers but cannot be applied without referencing specific Bills of Entry and allowing the importer to defend. The impugned order enhancing value based solely on NIDB data was set aside, and the appeal was allowed. en-us Tue, 29 Jul 2025 00:00:00 +0530 Wed, 30 Jul 2025 08:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775718 The CESTAT Chennai held that reassessment of imported goods' value without following the prescribed Valuation Rules procedure was improper. The Customs National Import Database (NIDB) can be used to verify declared values against contemporaneous and international prices but cannot replace invoice values absent specific evidence of discrepancy. NIDB data may guide officers but cannot be applied without referencing specific Bills of Entry and allowing the importer to defend. The impugned order enhancing value based solely on NIDB data was set aside, and the appeal was allowed. Case-Laws Customs Tue, 29 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775718