https://www.taxtmi.com/caselaws?id=782599 The CESTAT set aside the enhanced valuation of imported LLDPE and remanded the matter to the Assessing Officer. It held that, although there were valid grounds to doubt the declared transaction value based on contemporaneous imports, NIDB data and PLATT rates, the importer was not provided with full details of the contemporaneous bills of entry (including quantity, supplier and origin) and thus was denied a proper opportunity to defend the declared value. The Tribunal directed that these details be disclosed and that the Assessing Officer reconsider valuation afresh, rejecting the declared value only if the importer fails to justify it under the Customs Valuation Rules. 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=782599 The CESTAT set aside the enhanced valuation of imported LLDPE and remanded the matter to the Assessing Officer. It held that, although there were valid grounds to doubt the declared transaction value based on contemporaneous imports, NIDB data and PLATT rates, the importer was not provided with full details of the contemporaneous bills of entry (including quantity, supplier and origin) and thus was denied a proper opportunity to defend the declared value. The Tribunal directed that these details be disclosed and that the Assessing Officer reconsider valuation afresh, rejecting the declared value only if the importer fails to justify it under the Customs Valuation Rules. Case-Laws Customs Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782599