https://www.taxtmi.com/caselaws?id=788787 Declared invoice value remains the starting point for customs valuation under Section 14(1) of the Customs Act, 1962, and it can be displaced only if the proper officer records reasonable doubt about its truth or accuracy and follows Rule 12 of the 2007 Valuation Rules before moving sequentially through Rules 4 to 9. Higher NIDB data alone does not establish undervaluation or justify rejection of transaction value. In the absence of independent inquiry or other material supporting doubt, enhancement of assessable value was not sustainable and the appeal was allowed. en-us Mon, 23 Mar 2026 00:00:00 +0530 Sat, 28 Mar 2026 08:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788787 Declared invoice value remains the starting point for customs valuation under Section 14(1) of the Customs Act, 1962, and it can be displaced only if the proper officer records reasonable doubt about its truth or accuracy and follows Rule 12 of the 2007 Valuation Rules before moving sequentially through Rules 4 to 9. Higher NIDB data alone does not establish undervaluation or justify rejection of transaction value. In the absence of independent inquiry or other material supporting doubt, enhancement of assessable value was not sustainable and the appeal was allowed. Case-Laws Customs Mon, 23 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788787