https://www.taxtmi.com/caselaws?id=90748 Imported copper cathodes required valuation on the basis of reliable transaction data and comparable imports under the Customs (Valuation) Rules, 1988. The declared contracts and import documents were treated as suspect because the containers had been booked and stuffed before the alleged confirmation of order, undermining the credibility of the stated transaction value. At the same time, the comparable imports relied on for valuation were not sufficiently comparable, as they differed in quantity, origin, and commercial circumstances, and the record did not adequately justify adoption of the cited US $ 2245 per metric tonne. The assessable value fixed by the Commissioner was therefore not sustained, and the matter was remanded for fresh adjudication. en-us Thu, 26 Feb 1998 00:00:00 +0530 Tue, 11 Oct 2011 12:31:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90748 Imported copper cathodes required valuation on the basis of reliable transaction data and comparable imports under the Customs (Valuation) Rules, 1988. The declared contracts and import documents were treated as suspect because the containers had been booked and stuffed before the alleged confirmation of order, undermining the credibility of the stated transaction value. At the same time, the comparable imports relied on for valuation were not sufficiently comparable, as they differed in quantity, origin, and commercial circumstances, and the record did not adequately justify adoption of the cited US $ 2245 per metric tonne. The assessable value fixed by the Commissioner was therefore not sustained, and the matter was remanded for fresh adjudication. Case-Laws Customs Thu, 26 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90748