https://www.taxtmi.com/caselaws?id=793273 Declared transaction value under Customs valuation rules can be rejected only on objective, admissible and corroborated evidence; unverified electronic data and uncorroborated statements were treated as insufficient to displace the declared price. Where rejection is permitted, re-determination must follow the mandatory sequential scheme in the Valuation Rules and cannot rest on arbitrary kilogram-based rates. The commentary also notes that electronic evidence requires statutory compliance under Section 138C, and disputed statements without cross-examination lack probative value. On that basis, the extended limitation period, confiscation, redemption fine and penalties were considered unsustainable, with complete substantive relief recorded for the appellants. en-us Thu, 11 Jun 2026 00:00:00 +0530 Fri, 12 Jun 2026 08:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793273 Declared transaction value under Customs valuation rules can be rejected only on objective, admissible and corroborated evidence; unverified electronic data and uncorroborated statements were treated as insufficient to displace the declared price. Where rejection is permitted, re-determination must follow the mandatory sequential scheme in the Valuation Rules and cannot rest on arbitrary kilogram-based rates. The commentary also notes that electronic evidence requires statutory compliance under Section 138C, and disputed statements without cross-examination lack probative value. On that basis, the extended limitation period, confiscation, redemption fine and penalties were considered unsustainable, with complete substantive relief recorded for the appellants. Case-Laws Customs Thu, 11 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793273