https://www.taxtmi.com/caselaws?id=796559 Declared customs transaction values cannot be rejected on third-party investigation material, indicative market data or suspicion without cogent importer-specific evidence of undervaluation. The Revenue must establish a business nexus, parallel invoices, extra consideration, clandestine remittance or comparable incriminating circumstances; similarities with other importers' prices are insufficient. Transaction value remains the primary basis, and enhanced valuation requires a reliable foundation and proper sequential consideration of valuation methods before using the residual method. Contemporaneous imports and the reliability and comparability of price-publication data must be addressed. Operative comparable Tribunal rulings and final appellate assessments concerning the same imports reinforce the requirement of judicial discipline and support rejection of unsustainable valuation enhancements and consequential liabilities. en-us Wed, 05 Aug 2026 00:00:00 +0530 Fri, 07 Aug 2026 09:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796559 Declared customs transaction values cannot be rejected on third-party investigation material, indicative market data or suspicion without cogent importer-specific evidence of undervaluation. The Revenue must establish a business nexus, parallel invoices, extra consideration, clandestine remittance or comparable incriminating circumstances; similarities with other importers' prices are insufficient. Transaction value remains the primary basis, and enhanced valuation requires a reliable foundation and proper sequential consideration of valuation methods before using the residual method. Contemporaneous imports and the reliability and comparability of price-publication data must be addressed. Operative comparable Tribunal rulings and final appellate assessments concerning the same imports reinforce the requirement of judicial discipline and support rejection of unsustainable valuation enhancements and consequential liabilities. Case-Laws Customs Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796559