https://www.taxtmi.com/caselaws?id=787663 Transaction value for imported consumer goods cannot be rejected and reassessed merely on the basis of unsigned, uncorroborated papers recovered from an appellant's premises. The recovered documents must be shown to relate to the same consignments and goods, and undervaluation must be supported by evidence of extra consideration or other corroborative material. Here, the papers did not match the description or quantity of the imports, and no proof of additional payment was produced. The redetermination of assessable value was therefore not sustainable, and the appeal succeeded with consequential relief. en-us Fri, 10 Oct 2025 00:00:00 +0530 Tue, 10 Mar 2026 08:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787663 Transaction value for imported consumer goods cannot be rejected and reassessed merely on the basis of unsigned, uncorroborated papers recovered from an appellant's premises. The recovered documents must be shown to relate to the same consignments and goods, and undervaluation must be supported by evidence of extra consideration or other corroborative material. Here, the papers did not match the description or quantity of the imports, and no proof of additional payment was produced. The redetermination of assessable value was therefore not sustainable, and the appeal succeeded with consequential relief. Case-Laws Customs Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787663