https://www.taxtmi.com/caselaws?id=791578 Statements recorded under section 108 of the Customs Act cannot be used to reject declared transaction value unless the mandatory safeguards in section 138B are followed, including examination of the maker where available. Electronic printouts and laptop material also require statutory compliance under section 138C and reliable proof of seizure and authentication before they can support allegations of undervaluation or misdeclaration. Once such evidence is excluded, declared value cannot be discarded or re-determined under the Customs Valuation Rules without dependable proof of extra consideration, misdescription, or incorrect thickness. Confiscation and penalties likewise fail when founded on unreliable evidence and unproven undervaluation. en-us Tue, 12 May 2026 00:00:00 +0530 Wed, 13 May 2026 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791578 Statements recorded under section 108 of the Customs Act cannot be used to reject declared transaction value unless the mandatory safeguards in section 138B are followed, including examination of the maker where available. Electronic printouts and laptop material also require statutory compliance under section 138C and reliable proof of seizure and authentication before they can support allegations of undervaluation or misdeclaration. Once such evidence is excluded, declared value cannot be discarded or re-determined under the Customs Valuation Rules without dependable proof of extra consideration, misdescription, or incorrect thickness. Confiscation and penalties likewise fail when founded on unreliable evidence and unproven undervaluation. Case-Laws Customs Tue, 12 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791578