https://www.taxtmi.com/caselaws?id=788241 Customs valuation enhancement cannot be sustained where it rests mainly on retracted statements, which were not tested by cross-examination, and where there is no reliable contemporaneous import comparison showing similarity of goods or value. A uniform 25% uplift without adequate corroboration is unsustainable, so the differential duty demand based on that enhancement also fails. Penalties on individuals premised on the same unsubstantiated factual basis cannot survive, especially where a related intermediary penalty had already been dropped and attained finality. The valuation enhancement, duty demand, and connected penalties were all set aside. en-us Tue, 17 Mar 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788241 Customs valuation enhancement cannot be sustained where it rests mainly on retracted statements, which were not tested by cross-examination, and where there is no reliable contemporaneous import comparison showing similarity of goods or value. A uniform 25% uplift without adequate corroboration is unsustainable, so the differential duty demand based on that enhancement also fails. Penalties on individuals premised on the same unsubstantiated factual basis cannot survive, especially where a related intermediary penalty had already been dropped and attained finality. The valuation enhancement, duty demand, and connected penalties were all set aside. Case-Laws Customs Tue, 17 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788241