https://www.taxtmi.com/caselaws?id=792485 Declared transaction value of imported second-hand machinery may be rejected only on legally sustainable grounds under the Customs valuation rules. A local Chartered Engineer's certificate based on visual inspection and market enquiry could not, by itself, justify enhancement where the importer had produced the invoice, bill of lading, packing list, and a load port Chartered Engineer's certificate. In the absence of cogent reasons to treat that primary certificate as false, fraudulent, or unreliable, substitution of one expert opinion for another was impermissible. The text also notes that Circular No. 4/2008-Customs gives primacy to the load port certificate and permits reliance on a local certificate only when primary evidence is unavailable. en-us Wed, 27 May 2026 00:00:00 +0530 Fri, 29 May 2026 08:59:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792485 Declared transaction value of imported second-hand machinery may be rejected only on legally sustainable grounds under the Customs valuation rules. A local Chartered Engineer's certificate based on visual inspection and market enquiry could not, by itself, justify enhancement where the importer had produced the invoice, bill of lading, packing list, and a load port Chartered Engineer's certificate. In the absence of cogent reasons to treat that primary certificate as false, fraudulent, or unreliable, substitution of one expert opinion for another was impermissible. The text also notes that Circular No. 4/2008-Customs gives primacy to the load port certificate and permits reliance on a local certificate only when primary evidence is unavailable. Case-Laws Customs Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792485