Declared Value of Imported Goods Must Be Accepted; NIDB Data and DGOV Circular Rejection Unjustified u/r 12.

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....Valuation of imported goods - rejection of declared value - Redetermination of value based on NIDB data and DGOV circular is not sustainable. In the present case, no exercise of rejecting the declared value under Rule 12 and process of applying Valuation Rules sequentially were followed. Therefore, the value declared by the respondent has to be accepted. - AT....