The Customs Tribunal holds that Section 28 demands are invalid unless assessment is final, overturning penalties for undervaluation where provisional clearance occurred.
The Customs Appellate Tribunal holds that transaction value must be accepted when SVB has cleared it, and contemporaneous prices from dissimilar buyers cannot override it under Customs Valuation Rules.
The Tribunal holds that declared transaction value is invalid if part of consideration is paid through unauthorized channels, establishing mandatory rejection under Customs Valuation Rules.
The Customs Appellate Tribunal holds that importers must prove transaction value is not influenced by related-party status under Rule 3(b) of Customs Valuation Rules, 2007.