https://www.taxtmi.com/caselaws?id=782586 The Tribunal held that the enhancement of the declared transaction value of imported LED/non-LED Christmas lights based solely on NIDB data was unsustainable in law. Relying on its earlier precedent on an identical issue, it concluded that the customs authority had not discharged the burden to reject the transaction value under the Customs Valuation Rules. Consequently, the order of the Commissioner (Appeals), which had set aside the enhancement, was found to be legally correct and free from infirmity. The Revenue's appeal was accordingly dismissed in entirety. en-us Thu, 17 Apr 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782586 The Tribunal held that the enhancement of the declared transaction value of imported LED/non-LED Christmas lights based solely on NIDB data was unsustainable in law. Relying on its earlier precedent on an identical issue, it concluded that the customs authority had not discharged the burden to reject the transaction value under the Customs Valuation Rules. Consequently, the order of the Commissioner (Appeals), which had set aside the enhancement, was found to be legally correct and free from infirmity. The Revenue's appeal was accordingly dismissed in entirety. Case-Laws Customs Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782586