Declared import value cannot be enhanced without contemporaneous comparable imports supporting revaluation.

The enhancement of the declared import value was held unsustainable because the Revenue did not produce any contemporaneous or comparable import data to support revaluation. Although the goods were declared as acrylic sheet scrap and treated by the Revenue as acrylic sheet off cuts, that characterisation alone did not justify an upward revision of value in the absence of supporting material. The declared value therefore could not be disturbed on the record before the tribunal, and the appeal was allowed.

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Issues: Whether the enhancement of the declared value of the imported goods was justified.

Analysis: The goods were declared as acrylic sheet scrap, while the Revenue treated them as acrylic sheet off cuts. Even assuming the goods were off cuts, there was no material on record to support enhancement of value. No reliance was placed on any contemporaneous import or comparable import of off cuts to justify the enhanced valuation.

Conclusion: The enhancement of value was not sustainable and the appeal was allowed.

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