https://www.taxtmi.com/caselaws?id=467600 Customs valuation requires rejection of a declared transaction value under Rule 12 of the Customs Valuation Rules, 2007, followed by redetermination through the prescribed sequential rules. Differences between imported goods and their declared thickness and weight may justify doubt about the declared value, but cannot support valuation solely on a chart prepared by the Directorate General of Revenue Intelligence. The Customs Act does not empower an investigating agency to determine or suggest import values; tariff values may be fixed only through the statutory mechanism under section 14(2). Valuation founded on such a suggestion is unlawful and cannot sustain the resulting orders. en-us Wed, 01 Oct 2025 00:00:00 +0530 Wed, 25 Mar 2026 20:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467600 Customs valuation requires rejection of a declared transaction value under Rule 12 of the Customs Valuation Rules, 2007, followed by redetermination through the prescribed sequential rules. Differences between imported goods and their declared thickness and weight may justify doubt about the declared value, but cannot support valuation solely on a chart prepared by the Directorate General of Revenue Intelligence. The Customs Act does not empower an investigating agency to determine or suggest import values; tariff values may be fixed only through the statutory mechanism under section 14(2). Valuation founded on such a suggestion is unlawful and cannot sustain the resulting orders. Case-Laws Customs Wed, 01 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467600