Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Customs Valuation Rule 3(3) | Load Port Certificate Binding Unless Department Proves Undervaluation with Cogent Evidence : CESTAT Chennai
CESTAT Chennai rules that a load port chartered engineer's certificate cannot be disregarded under Customs Valuation Rules 2007 unless the Department provides independent, reasoned evidence of undervaluation. Importers can now rely on third-party certifications unless the Department meets the burden of proof, reinforcing natural justice in customs valuation disputes.