https://www.taxtmi.com/caselaws?id=81536 Declared invoice price for imported Brass Ash Dross is accepted as transaction value only when it represents the price actually paid or payable and satisfies the valuation rules, including unrestricted sale and absence of relationship influence. Where the importer produces no supporting material to show that basis, the department need not accept the declared price as a matter of right. An enhanced value based on a London Metal Exchange bulletin and undisclosed computer print-outs of alleged comparable imports is unsustainable unless the material clearly proves comparable transactions and is disclosed to the importer. The assessment was set aside and remanded for fresh adjudication with disclosure and hearing. en-us Tue, 21 May 1991 00:00:00 +0530 Mon, 27 Jun 2011 13:01:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81536 Declared invoice price for imported Brass Ash Dross is accepted as transaction value only when it represents the price actually paid or payable and satisfies the valuation rules, including unrestricted sale and absence of relationship influence. Where the importer produces no supporting material to show that basis, the department need not accept the declared price as a matter of right. An enhanced value based on a London Metal Exchange bulletin and undisclosed computer print-outs of alleged comparable imports is unsustainable unless the material clearly proves comparable transactions and is disclosed to the importer. The assessment was set aside and remanded for fresh adjudication with disclosure and hearing. Case-Laws Customs Tue, 21 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81536