https://www.taxtmi.com/caselaws?id=787138 Where export value is supported by the final invoice and bank realisation certificate, laboratory moisture reports cannot be used to rework export quantity or finalise shipping bills. In the absence of any allegation of additional consideration or other valid reason to discard the declared price, the transaction value should not be rejected and replaced with contemporaneous export prices under the Customs Valuation Rules. The document also rejects splitting the consignment to apply a higher basic customs duty rate to part of the goods as iron ore lumps, stating that duty must be assessed on the correct characterization of the consignment and the proper valuation basis. en-us Wed, 25 Feb 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787138 Where export value is supported by the final invoice and bank realisation certificate, laboratory moisture reports cannot be used to rework export quantity or finalise shipping bills. In the absence of any allegation of additional consideration or other valid reason to discard the declared price, the transaction value should not be rejected and replaced with contemporaneous export prices under the Customs Valuation Rules. The document also rejects splitting the consignment to apply a higher basic customs duty rate to part of the goods as iron ore lumps, stating that duty must be assessed on the correct characterization of the consignment and the proper valuation basis. Case-Laws Customs Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787138