https://www.taxtmi.com/caselaws?id=84729 Imported car valuation was upheld on the basis of the manufacturer's price catalogue because the appellant's invoice did not reflect the true market value, having shown only a special diplomatic price not generally available. A later certificate was rejected as unreliable since it did not match the car's description, date, or engine details. In the absence of a genuine invoice, the manufacturer's catalogue supplied to authorised local agents was accepted as a proper basis for assessment under Section 14 of the Customs Act, 1962 and Rule 3A of the Valuation Rules. en-us Wed, 22 Nov 1995 00:00:00 +0530 Mon, 25 Jul 2011 12:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84729 Imported car valuation was upheld on the basis of the manufacturer's price catalogue because the appellant's invoice did not reflect the true market value, having shown only a special diplomatic price not generally available. A later certificate was rejected as unreliable since it did not match the car's description, date, or engine details. In the absence of a genuine invoice, the manufacturer's catalogue supplied to authorised local agents was accepted as a proper basis for assessment under Section 14 of the Customs Act, 1962 and Rule 3A of the Valuation Rules. Case-Laws Customs Wed, 22 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84729