https://www.taxtmi.com/caselaws?id=787289 When a declared transaction value is rejected under the Customs Valuation Rules, valuation under Rule 4 must rely on transaction values of identical imports at the same commercial level and in substantially the same quantities, or, if unavailable, incorporate demonstrable objective adjustments; the use of a DRI alert and contemporaneous NIDB data without evidence of comparability, commercial level equivalence, quantity parity or objective adjustments fails the sequential requirements of the Rules and Section 14, rendering the re determination of assessable value unsustainable. The impugned re assessment was set aside and the appeal allowed for lack of required comparative and adjustment evidence. en-us Thu, 19 Feb 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787289 When a declared transaction value is rejected under the Customs Valuation Rules, valuation under Rule 4 must rely on transaction values of identical imports at the same commercial level and in substantially the same quantities, or, if unavailable, incorporate demonstrable objective adjustments; the use of a DRI alert and contemporaneous NIDB data without evidence of comparability, commercial level equivalence, quantity parity or objective adjustments fails the sequential requirements of the Rules and Section 14, rendering the re determination of assessable value unsustainable. The impugned re assessment was set aside and the appeal allowed for lack of required comparative and adjustment evidence. Case-Laws Customs Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787289