https://www.taxtmi.com/caselaws?id=800460 Reassessment under Section 17(4) of the Customs Act cannot sustain enhancement of an imported goods' declared value without a reasoned order under Section 17(5). Failure to issue that statutory order breaches the prescribed procedure for rejecting the declared transaction value and reassessing imported goods. The enhanced assessments were therefore unsustainable, and the declared value had to be accepted. en-us Mon, 22 Jun 2026 00:00:00 +0530 Wed, 07 Oct 2026 08:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800460 Reassessment under Section 17(4) of the Customs Act cannot sustain enhancement of an imported goods' declared value without a reasoned order under Section 17(5). Failure to issue that statutory order breaches the prescribed procedure for rejecting the declared transaction value and reassessing imported goods. The enhanced assessments were therefore unsustainable, and the declared value had to be accepted. Case-Laws Customs Mon, 22 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800460