https://www.taxtmi.com/caselaws?id=785342 Applicability of statutory safeguards for admissibility of investigation statements and electronic records was examined, with the consequence that statements recorded under the investigation provision could not be relied upon where mandatory formalities for admitting electronic records and certificates were not complied with, and where recorded statements were retracted; therefore the administrative rejection and re-determination of transaction value under the valuation rules premised on those statements and electronic printouts was unsustainable, and penalties imposed on that basis were invalidated, resulting in setting aside of the impugned valuation and penalty orders and allowance of the appeals. en-us Tue, 20 Jan 2026 00:00:00 +0530 Thu, 22 Jan 2026 08:41:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785342 Applicability of statutory safeguards for admissibility of investigation statements and electronic records was examined, with the consequence that statements recorded under the investigation provision could not be relied upon where mandatory formalities for admitting electronic records and certificates were not complied with, and where recorded statements were retracted; therefore the administrative rejection and re-determination of transaction value under the valuation rules premised on those statements and electronic printouts was unsustainable, and penalties imposed on that basis were invalidated, resulting in setting aside of the impugned valuation and penalty orders and allowance of the appeals. Case-Laws Customs Tue, 20 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785342