https://www.taxtmi.com/caselaws?id=791083 Declared import value cannot be rejected on the basis of a bare Chartered Engineer's estimate unless supported by evidence of undervaluation, comparable contemporaneous imports, or extra consideration. Here, the report lacked supporting material, so re-determination of assessable value was not sustainable. Confiscation and penalties also could not be upheld where the authorities treated the goods as incomplete or prohibited computer systems without a sound technical basis showing that cabinet cases with motherboard and fan, but without CPU, had the essential character of a computer system. In the absence of adequate technical evidence, the importer's declaration could not be displaced and the consequential confiscation and penalties failed. en-us Tue, 05 May 2026 00:00:00 +0530 Wed, 06 May 2026 08:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791083 Declared import value cannot be rejected on the basis of a bare Chartered Engineer's estimate unless supported by evidence of undervaluation, comparable contemporaneous imports, or extra consideration. Here, the report lacked supporting material, so re-determination of assessable value was not sustainable. Confiscation and penalties also could not be upheld where the authorities treated the goods as incomplete or prohibited computer systems without a sound technical basis showing that cabinet cases with motherboard and fan, but without CPU, had the essential character of a computer system. In the absence of adequate technical evidence, the importer's declaration could not be displaced and the consequential confiscation and penalties failed. Case-Laws Customs Tue, 05 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791083