https://www.taxtmi.com/caselaws?id=85300 The declared contractual price of imported goods could not be rejected for customs valuation merely because shipment occurred later than expected, where the contract and letter of credit explained the delay and supported an ascertainable transaction value. Revenue reliance on other imports failed because the cited invoices were not comparable, involving different countries of origin, quantities, and, in one instance, an added intermediary margin. A stray higher-priced import, without evidence that the transaction was sham or fictitious, was insufficient to displace the declared value. The customs enhancement of assessable value was therefore not justified. en-us Wed, 27 Mar 1996 00:00:00 +0530 Thu, 04 Aug 2011 10:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85300 The declared contractual price of imported goods could not be rejected for customs valuation merely because shipment occurred later than expected, where the contract and letter of credit explained the delay and supported an ascertainable transaction value. Revenue reliance on other imports failed because the cited invoices were not comparable, involving different countries of origin, quantities, and, in one instance, an added intermediary margin. A stray higher-priced import, without evidence that the transaction was sham or fictitious, was insufficient to displace the declared value. The customs enhancement of assessable value was therefore not justified. Case-Laws Customs Wed, 27 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85300