https://www.taxtmi.com/caselaws?id=781900 CESTAT Allahabad set aside the Commissioner (Appeals)' order rejecting the importer's appeal on the ground that the importer had accepted the enhanced value in writing, allegedly obviating the need for a speaking order under Section 17(5) of the Customs Act, 1962. Relying on SC's ruling in Century Metal Recycling and Delhi HC's decision in Niraj Silk Mills, the Tribunal held that the mandate of Section 14 of the Customs Act read with Rule 12 of CVR, 2007 and the sequential valuation rules must be followed, and that written "acceptance" obtained without proper disclosure of contemporaneous data does not extinguish the statutory right to challenge valuation. Appeals were allowed. en-us Wed, 25 Jun 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781900 CESTAT Allahabad set aside the Commissioner (Appeals)' order rejecting the importer's appeal on the ground that the importer had accepted the enhanced value in writing, allegedly obviating the need for a speaking order under Section 17(5) of the Customs Act, 1962. Relying on SC's ruling in Century Metal Recycling and Delhi HC's decision in Niraj Silk Mills, the Tribunal held that the mandate of Section 14 of the Customs Act read with Rule 12 of CVR, 2007 and the sequential valuation rules must be followed, and that written "acceptance" obtained without proper disclosure of contemporaneous data does not extinguish the statutory right to challenge valuation. Appeals were allowed. Case-Laws Customs Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781900