https://www.taxtmi.com/caselaws?id=782601 CESTAT Chennai allowed the assessee's appeal against enhancement of value of imported copper scrap. The Tribunal held that the proper officer had rejected the declared transaction value without recording cogent reasons as mandated under Section 14(1) of the Customs Act and Rule 12 of the 2007 Valuation Rules. Reliance on contemporaneous import/NIDB data was found inadequate, as neither the country of origin nor comparable quantities were established, and even the department lacked relevant Bills of Entry. In absence of legally sustainable grounds for rejection, the impugned order of re-determination and enhancement of value was set aside. en-us Fri, 28 Nov 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782601 CESTAT Chennai allowed the assessee's appeal against enhancement of value of imported copper scrap. The Tribunal held that the proper officer had rejected the declared transaction value without recording cogent reasons as mandated under Section 14(1) of the Customs Act and Rule 12 of the 2007 Valuation Rules. Reliance on contemporaneous import/NIDB data was found inadequate, as neither the country of origin nor comparable quantities were established, and even the department lacked relevant Bills of Entry. In absence of legally sustainable grounds for rejection, the impugned order of re-determination and enhancement of value was set aside. Case-Laws Customs Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782601