Antecedents of an importers cannot be evidence for undervaluation of goods

Commissioner of Customs-Nhava Sheva-III Vs Granite India (CESTAT Mumbai) Held that antecedents cannot be an evidence for the alleged undervaluation of the goods. At best antecedents may be a reason for creating a suspicion and be a reason for causing an enquiry or Investigation. Facts- On the basis of information received, that the respondents have undervalued the imported goods, the officers of SIIB (I) Nhava Sheva examined the containers and initiated investigation; the premises of Granite India situated in New Delhi was searched and incriminating documents and 2 laptops were seized; the imp...