https://www.taxtmi.com/caselaws?id=793994 Declared customs transaction value may be rejected where reasonable doubt exists as to truth or accuracy, including cases involving related-party indicators, withheld relationship disclosure, recovered invoices, and unusually low prices. After rejection, revaluation must follow the Customs Valuation Rules sequentially and on a lawful basis for each consignment or category; reliance on arbitrary loading, non-comparable data, or unsupported residual valuation is impermissible. Confiscation, redemption fine, and personal penalties depend on the validity of the valuation and duty demand, and cannot survive for portions of the order that are unsustainable. en-us Tue, 23 Jun 2026 00:00:00 +0530 Sat, 27 Jun 2026 08:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793994 Declared customs transaction value may be rejected where reasonable doubt exists as to truth or accuracy, including cases involving related-party indicators, withheld relationship disclosure, recovered invoices, and unusually low prices. After rejection, revaluation must follow the Customs Valuation Rules sequentially and on a lawful basis for each consignment or category; reliance on arbitrary loading, non-comparable data, or unsupported residual valuation is impermissible. Confiscation, redemption fine, and personal penalties depend on the validity of the valuation and duty demand, and cannot survive for portions of the order that are unsustainable. Case-Laws Customs Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793994