https://www.taxtmi.com/caselaws?id=798876 Written acceptance of an enhanced customs value waives only the requirement for a speaking reassessment order under Section 17(5) of the Customs Act; it does not remove the statutory right to appeal reassessment. Rejecting a declared transaction value requires compliance with Section 14 and Rule 12(2) of the Customs Valuation Rules, including written grounds for doubting that value. Any redetermination must then follow the sequential valuation rules. General references to contemporaneous-import data, without disclosure of comparable data, do not establish voluntary and unconditional abandonment of the right to challenge valuation. Consent or acquiescence cannot override statutory valuation safeguards or appellate rights. en-us Thu, 10 Sep 2026 00:00:00 +0530 Mon, 14 Sep 2026 08:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798876 Written acceptance of an enhanced customs value waives only the requirement for a speaking reassessment order under Section 17(5) of the Customs Act; it does not remove the statutory right to appeal reassessment. Rejecting a declared transaction value requires compliance with Section 14 and Rule 12(2) of the Customs Valuation Rules, including written grounds for doubting that value. Any redetermination must then follow the sequential valuation rules. General references to contemporaneous-import data, without disclosure of comparable data, do not establish voluntary and unconditional abandonment of the right to challenge valuation. Consent or acquiescence cannot override statutory valuation safeguards or appellate rights. Case-Laws Customs Thu, 10 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798876