https://www.taxtmi.com/caselaws?id=81929 Where the manufacturer's invoice is found genuine, it is the best evidence of transaction value under the valuation rules, and the declared price should be accepted. Quotations or alleged comparable prices cannot by themselves justify enhancement of assessable value unless supported by reliable evidence of contemporaneous imports of identical or similar goods at a higher value. On the materials described, the invoice price was treated as valid and the proposed enhancement was unsustainable on quotations alone. en-us Tue, 14 Jul 1992 00:00:00 +0530 Fri, 01 Jul 2011 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81929 Where the manufacturer's invoice is found genuine, it is the best evidence of transaction value under the valuation rules, and the declared price should be accepted. Quotations or alleged comparable prices cannot by themselves justify enhancement of assessable value unless supported by reliable evidence of contemporaneous imports of identical or similar goods at a higher value. On the materials described, the invoice price was treated as valid and the proposed enhancement was unsustainable on quotations alone. Case-Laws Customs Tue, 14 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81929