https://www.taxtmi.com/caselaws?id=778331 Transaction value remained the starting point for customs assessment, and it could be displaced only on proper inquiry and reliable evidence of undervaluation. Here, the goods had already been examined and the value enhanced at clearance, while the later demand rested mainly on a statement without corroboration of extra consideration, parallel invoices, mutuality of interest, or any proven flowback to overseas suppliers. As undervaluation was not established and no cogent basis was shown to disturb the original assessment, the redetermination of assessable value, the demand of differential duty with interest, and the penalties were unsustainable and were set aside. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 15 Sep 2025 08:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778331 Transaction value remained the starting point for customs assessment, and it could be displaced only on proper inquiry and reliable evidence of undervaluation. Here, the goods had already been examined and the value enhanced at clearance, while the later demand rested mainly on a statement without corroboration of extra consideration, parallel invoices, mutuality of interest, or any proven flowback to overseas suppliers. As undervaluation was not established and no cogent basis was shown to disturb the original assessment, the redetermination of assessable value, the demand of differential duty with interest, and the penalties were unsustainable and were set aside. Case-Laws Customs Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778331