https://www.taxtmi.com/caselaws?id=89202 Enhanced assessable value of imported auto accessories was not sustained under the residual valuation rule because the department relied on non-contemporaneous invoices from Singapore for Taiwan-origin goods, without showing a reliable comparable basis. The invoices involved lower quantities than the imports, and no contemporaneous imports of similar goods were produced to support a consistent higher price trend. In the absence of necessary adjustments for source, timing, and quantity differences, isolated invoices could not justify rejection of the declared value. The enhancement was set aside and assessment was directed on the declared value. en-us Mon, 21 Sep 1998 00:00:00 +0530 Sat, 24 Sep 2011 10:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89202 Enhanced assessable value of imported auto accessories was not sustained under the residual valuation rule because the department relied on non-contemporaneous invoices from Singapore for Taiwan-origin goods, without showing a reliable comparable basis. The invoices involved lower quantities than the imports, and no contemporaneous imports of similar goods were produced to support a consistent higher price trend. In the absence of necessary adjustments for source, timing, and quantity differences, isolated invoices could not justify rejection of the declared value. The enhancement was set aside and assessment was directed on the declared value. Case-Laws Customs Mon, 21 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89202