https://www.taxtmi.com/caselaws?id=780030 CESTAT upheld the Commissioner's rejection of declared transaction value under Valuation Rule 12 based on corroborative documentary evidence but directed re-determination sequentially under Rules 3-9. The tribunal held the recovered excel sheets should be treated as CIF (not FOB), set aside the Commissioner's addition for freight and insurance, and found no requirement for a s.138C certificate here. Confirmation of anti-dumping duty and related demand was quashed to the extent unsupported. Penalty under s.114A must be recomputed with the revised duty; s.114AA penalty was sustained as not excessive. Appeal allowed in part. en-us Mon, 13 Oct 2025 00:00:00 +0530 Fri, 17 Oct 2025 08:08:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780030 CESTAT upheld the Commissioner's rejection of declared transaction value under Valuation Rule 12 based on corroborative documentary evidence but directed re-determination sequentially under Rules 3-9. The tribunal held the recovered excel sheets should be treated as CIF (not FOB), set aside the Commissioner's addition for freight and insurance, and found no requirement for a s.138C certificate here. Confirmation of anti-dumping duty and related demand was quashed to the extent unsupported. Penalty under s.114A must be recomputed with the revised duty; s.114AA penalty was sustained as not excessive. Appeal allowed in part. Case-Laws Customs Mon, 13 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780030