https://www.taxtmi.com/caselaws?id=797665 Customs valuation may be redetermined after rejection of the declared transaction value under Rule 12 where reliable contemporaneous comparable-import data creates reasonable doubt. Rule 5 permits reliance on imports at the same commercial level, quantity and country of origin; the lowest reliable comparable value may be adopted where no material difference in goods or specifications is established. A prior self-assessed import that is not contemporaneous does not provide a valid comparator. Separately, a remanded Bill of Entry assessment requires a speaking order and personal hearing under Section 17(5); failure to issue that order calls for implementation of the remand direction rather than quashing the assessment. en-us Tue, 25 Aug 2026 00:00:00 +0530 Wed, 26 Aug 2026 08:27:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797665 Customs valuation may be redetermined after rejection of the declared transaction value under Rule 12 where reliable contemporaneous comparable-import data creates reasonable doubt. Rule 5 permits reliance on imports at the same commercial level, quantity and country of origin; the lowest reliable comparable value may be adopted where no material difference in goods or specifications is established. A prior self-assessed import that is not contemporaneous does not provide a valid comparator. Separately, a remanded Bill of Entry assessment requires a speaking order and personal hearing under Section 17(5); failure to issue that order calls for implementation of the remand direction rather than quashing the assessment. Case-Laws Customs Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797665