https://www.taxtmi.com/caselaws?id=781236 CESTAT held that the rejection of the importer's declared transaction value for Gurjan round timber was unwarranted. Revenue relied on a single invoice and failed to demonstrate comparable goods, quantities, quality or timing required under Rule 12 of the CVR to raise a genuine doubt. The proper officer did not seek further information from the importer nor issue BOEs allowing the importer to respond. Consequently the reference values adopted by revenue were set aside and the appeals allowed. en-us Tue, 11 Nov 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781236 CESTAT held that the rejection of the importer's declared transaction value for Gurjan round timber was unwarranted. Revenue relied on a single invoice and failed to demonstrate comparable goods, quantities, quality or timing required under Rule 12 of the CVR to raise a genuine doubt. The proper officer did not seek further information from the importer nor issue BOEs allowing the importer to respond. Consequently the reference values adopted by revenue were set aside and the appeals allowed. Case-Laws Customs Tue, 11 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781236