https://www.taxtmi.com/caselaws?id=795320 Customs valuation may be enhanced where recovered invoices, financial records and admissions establish that declared import values were understated; the resulting differential duty and confiscability of the identified goods remain enforceable. Redemption fine and penalty require objective calibration based on market value and profit margin, with the sanctions reduced where the original amounts are excessive. For provisionally assessed imports, differential duty, interest and penalties cannot be pursued through a show-cause notice before the competent proper officer lawfully finalises the assessments and adjusts duty. Comparable values from different goods or periods cannot support enhancement where relevant raw-material prices fluctuate. en-us Tue, 14 Jul 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795320 Customs valuation may be enhanced where recovered invoices, financial records and admissions establish that declared import values were understated; the resulting differential duty and confiscability of the identified goods remain enforceable. Redemption fine and penalty require objective calibration based on market value and profit margin, with the sanctions reduced where the original amounts are excessive. For provisionally assessed imports, differential duty, interest and penalties cannot be pursued through a show-cause notice before the competent proper officer lawfully finalises the assessments and adjusts duty. Comparable values from different goods or periods cannot support enhancement where relevant raw-material prices fluctuate. Case-Laws Customs Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795320