https://www.taxtmi.com/caselaws?id=88672 Invoice value could not be rejected and substituted with a quotation for a different, larger system where the revenue produced no reliable contemporaneous evidence of undervaluation. The quotation was itself treated as unacceptable and did not match the imported components, so it could not support reassessment of assessable value. In the absence of proof of clandestine payment, relationship, or any material showing that the invoice price was unreal, the reassessment was unsustainable. Confiscation, redemption fine, and penalties were therefore set aside. en-us Fri, 22 May 1998 00:00:00 +0530 Tue, 20 Sep 2011 14:47:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88672 Invoice value could not be rejected and substituted with a quotation for a different, larger system where the revenue produced no reliable contemporaneous evidence of undervaluation. The quotation was itself treated as unacceptable and did not match the imported components, so it could not support reassessment of assessable value. In the absence of proof of clandestine payment, relationship, or any material showing that the invoice price was unreal, the reassessment was unsustainable. Confiscation, redemption fine, and penalties were therefore set aside. Case-Laws Customs Fri, 22 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88672