https://www.taxtmi.com/caselaws?id=82862 Customs valuation under section 14 of the Customs Act is governed first by the price of like goods in ordinary international trade where buyer and seller are unrelated and price is the sole consideration; resort to the residuary method is permissible only if that basis cannot be applied. The text also treats non-verification of an appeal as a curable procedural defect under the CEGAT procedure rules, not a jurisdictional bar, and notes that limitation is computed from communication of the order where that date is proved by affidavit evidence. On the facts described, the declared invoice value was not displaced by newspaper quotations or a deduced landed cost, and the departmental valuation was not sustained. en-us Fri, 27 Sep 1985 00:00:00 +0530 Thu, 07 Jul 2011 17:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82862 Customs valuation under section 14 of the Customs Act is governed first by the price of like goods in ordinary international trade where buyer and seller are unrelated and price is the sole consideration; resort to the residuary method is permissible only if that basis cannot be applied. The text also treats non-verification of an appeal as a curable procedural defect under the CEGAT procedure rules, not a jurisdictional bar, and notes that limitation is computed from communication of the order where that date is proved by affidavit evidence. On the facts described, the declared invoice value was not displaced by newspaper quotations or a deduced landed cost, and the departmental valuation was not sustained. Case-Laws Customs Fri, 27 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82862