https://www.taxtmi.com/caselaws?id=788712 Customs valuation must start from the declared transaction value, and it may be rejected only where the proper officer records reasonable doubt about its truth or accuracy under Rule 12 before moving sequentially to alternative methods. Where imported goods were supported by invoice and banking documents, and the Department relied mainly on a later isolated comparison without first displacing the declared value on cogent grounds, enhancement of assessable value was unsustainable. The duty and interest paid under protest were treated as not lawfully payable, and refund with applicable interest followed. en-us Wed, 25 Mar 2026 00:00:00 +0530 Fri, 27 Mar 2026 08:52:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788712 Customs valuation must start from the declared transaction value, and it may be rejected only where the proper officer records reasonable doubt about its truth or accuracy under Rule 12 before moving sequentially to alternative methods. Where imported goods were supported by invoice and banking documents, and the Department relied mainly on a later isolated comparison without first displacing the declared value on cogent grounds, enhancement of assessable value was unsustainable. The duty and interest paid under protest were treated as not lawfully payable, and refund with applicable interest followed. Case-Laws Customs Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788712