https://www.taxtmi.com/highlights?id=100155 Imported scrap valuation was discussed in the context of reassessment based on NIDB data and contemporaneous imports. The Tribunal applied its earlier ruling, following the Delhi High Court view, that enhancement of declared value cannot rest solely on such data without legally sufficient justification under the valuation scheme, and that payment of enhanced duty to obtain clearance does not prevent the importer from challenging the reassessment in appeal. On that basis, the impugned order was held unsustainable and the appeals were allowed with consequential relief. en-us Wed, 27 May 2026 07:29:14 +0530 Wed, 27 May 2026 07:29:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=100155 Imported scrap valuation was discussed in the context of reassessment based on NIDB data and contemporaneous imports. The Tribunal applied its earlier ruling, following the Delhi High Court view, that enhancement of declared value cannot rest solely on such data without legally sufficient justification under the valuation scheme, and that payment of enhanced duty to obtain clearance does not prevent the importer from challenging the reassessment in appeal. On that basis, the impugned order was held unsustainable and the appeals were allowed with consequential relief. Highlights Customs Wed, 27 May 2026 07:29:14 +0530 https://www.taxtmi.com/highlights?id=100155