https://www.taxtmi.com/caselaws?id=74030 Declared invoice value is not automatically accepted for customs assessment if it is not supported by reliable documentary evidence showing that the price was ordinarily available in international trade. In this note, the valuation issue turned on imported large lots compared with smaller comparable lots, and the claimed bulk-purchase justification was not adequately proved by published price lists, discount schedules, or similar material. The accepted price differential between larger and smaller lots therefore governed valuation, and the assessable value had to be recalculated on that basis, giving the importer corresponding relief. en-us Fri, 21 Oct 1988 00:00:00 +0530 Mon, 06 Jun 2011 12:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74030 Declared invoice value is not automatically accepted for customs assessment if it is not supported by reliable documentary evidence showing that the price was ordinarily available in international trade. In this note, the valuation issue turned on imported large lots compared with smaller comparable lots, and the claimed bulk-purchase justification was not adequately proved by published price lists, discount schedules, or similar material. The accepted price differential between larger and smaller lots therefore governed valuation, and the assessable value had to be recalculated on that basis, giving the importer corresponding relief. Case-Laws Customs Fri, 21 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74030