https://www.taxtmi.com/caselaws?id=790382 Declared export value under Section 14 of the Customs Act, 1962 can be rejected only by following the prescribed valuation procedure. Where the proper officer doubts the declared value, Rule 8 of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007 requires disclosure of the grounds for doubt, seeking further information, and affording a reasonable opportunity of hearing before finalising assessment. Because the relied-upon material was not furnished and the basis for rejecting the transaction value was not disclosed, enhancement on undisclosed contemporaneous data was unsustainable. The assessment was set aside and the matter remanded for fresh decision in accordance with law and natural justice. en-us Thu, 23 Apr 2026 00:00:00 +0530 Fri, 24 Apr 2026 08:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790382 Declared export value under Section 14 of the Customs Act, 1962 can be rejected only by following the prescribed valuation procedure. Where the proper officer doubts the declared value, Rule 8 of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007 requires disclosure of the grounds for doubt, seeking further information, and affording a reasonable opportunity of hearing before finalising assessment. Because the relied-upon material was not furnished and the basis for rejecting the transaction value was not disclosed, enhancement on undisclosed contemporaneous data was unsustainable. The assessment was set aside and the matter remanded for fresh decision in accordance with law and natural justice. Case-Laws Customs Thu, 23 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790382