https://www.taxtmi.com/caselaws?id=781904 CESTAT Kolkata held that the customs authorities wrongly rejected the declared transaction value of imported goods and enhanced the value solely on the basis of NIDB data without following Section 14 of the Customs Act and the Valuation Rules, 2007. There was no evidence that the importer and foreign supplier were related, that any extra consideration was paid, or that the declared price was not the actual transaction value. Relying on its earlier decisions on identical issues, the Tribunal found the value enhancement unsustainable. It also held that the remand by the Commissioner (Appeals) was unjustified. The impugned order was set aside and the appeal was allowed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781904 CESTAT Kolkata held that the customs authorities wrongly rejected the declared transaction value of imported goods and enhanced the value solely on the basis of NIDB data without following Section 14 of the Customs Act and the Valuation Rules, 2007. There was no evidence that the importer and foreign supplier were related, that any extra consideration was paid, or that the declared price was not the actual transaction value. Relying on its earlier decisions on identical issues, the Tribunal found the value enhancement unsustainable. It also held that the remand by the Commissioner (Appeals) was unjustified. The impugned order was set aside and the appeal was allowed. Case-Laws Customs Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781904