https://www.taxtmi.com/caselaws?id=801752 Customs valuation treats declared transaction value as the primary basis for imported goods. Before rejecting it under Rule 12, the importer must receive the grounds for doubt and supporting valuation material. NIDB data or routine benchmark values cannot justify enhancement unless comparable-import particulars, including origin or export country, producer, commercial level and quantity, are established; subsequent valuation methods must then be applied sequentially. Examination-based differences do not by themselves establish intentional misdeclaration without material showing fraud, suppression, wilful misstatement or intent to evade duty. On those principles, valuation-based differential duty, confiscation, redemption fine and penalties lack a sustainable basis. en-us Fri, 11 Sep 2026 00:00:00 +0530 Tue, 27 Oct 2026 08:33:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801752 Customs valuation treats declared transaction value as the primary basis for imported goods. Before rejecting it under Rule 12, the importer must receive the grounds for doubt and supporting valuation material. NIDB data or routine benchmark values cannot justify enhancement unless comparable-import particulars, including origin or export country, producer, commercial level and quantity, are established; subsequent valuation methods must then be applied sequentially. Examination-based differences do not by themselves establish intentional misdeclaration without material showing fraud, suppression, wilful misstatement or intent to evade duty. On those principles, valuation-based differential duty, confiscation, redemption fine and penalties lack a sustainable basis. Case-Laws Customs Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801752