https://www.taxtmi.com/caselaws?id=73446 Customs valuation under Section 14(1)(a) requires acceptance of the declared invoice value unless the Department proves, by reliable evidence, that the transaction is not at arm's length or that the price is not the ordinary price for such goods at the time and place of importation. Old price lists and selected contemporaneous imports, especially where the goods differ in quantity or type, are insufficient on their own to enhance value. Where undervaluation is not established, allegations of misdeclaration, licence violation, confiscation under Sections 111(d) and 111(m), and penalty under Section 112 do not survive. en-us Thu, 18 Dec 1986 00:00:00 +0530 Wed, 01 Jun 2011 10:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73446 Customs valuation under Section 14(1)(a) requires acceptance of the declared invoice value unless the Department proves, by reliable evidence, that the transaction is not at arm's length or that the price is not the ordinary price for such goods at the time and place of importation. Old price lists and selected contemporaneous imports, especially where the goods differ in quantity or type, are insufficient on their own to enhance value. Where undervaluation is not established, allegations of misdeclaration, licence violation, confiscation under Sections 111(d) and 111(m), and penalty under Section 112 do not survive. Case-Laws Central Excise Thu, 18 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73446