https://www.taxtmi.com/caselaws?id=785541 Declared transaction value under customs valuation law cannot be displaced on suspicion or on the basis of uncorroborated third-party emails, hard-disk material or statements. Where no incriminating material was recovered from the importer, the relied-upon documents were not meaningfully confronted, supporting statements were retracted or otherwise untested, and contemporaneous import data showed comparable prices, Revenue failed to prove undervaluation with cogent evidence. The rejection of the declared value was therefore not sustainable, and the related duty demand, confiscation, redemption fine and penalties could not be upheld. en-us Fri, 23 Jan 2026 00:00:00 +0530 Tue, 27 Jan 2026 07:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785541 Declared transaction value under customs valuation law cannot be displaced on suspicion or on the basis of uncorroborated third-party emails, hard-disk material or statements. Where no incriminating material was recovered from the importer, the relied-upon documents were not meaningfully confronted, supporting statements were retracted or otherwise untested, and contemporaneous import data showed comparable prices, Revenue failed to prove undervaluation with cogent evidence. The rejection of the declared value was therefore not sustainable, and the related duty demand, confiscation, redemption fine and penalties could not be upheld. Case-Laws Customs Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785541