https://www.taxtmi.com/caselaws?id=90823 Customs valuation of imported Vitamin Mixes turned on the primacy of declared transaction value and the comparability of contemporaneous imports. The department could not displace the invoice value without evidence of fraud, collusion or over-valuation, and mere suspicion was insufficient. The Revenue's relied-upon import data was rejected because the goods differed materially in chemical composition and active vitamin concentration, making them non-comparable for valuation. By contrast, the importers' own contemporaneous import evidence was accepted because the allegation of staged or manipulated transaction was unsupported by proof. The departmental valuation therefore was not sustained. en-us Tue, 22 Dec 1998 00:00:00 +0530 Tue, 11 Oct 2011 17:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90823 Customs valuation of imported Vitamin Mixes turned on the primacy of declared transaction value and the comparability of contemporaneous imports. The department could not displace the invoice value without evidence of fraud, collusion or over-valuation, and mere suspicion was insufficient. The Revenue's relied-upon import data was rejected because the goods differed materially in chemical composition and active vitamin concentration, making them non-comparable for valuation. By contrast, the importers' own contemporaneous import evidence was accepted because the allegation of staged or manipulated transaction was unsupported by proof. The departmental valuation therefore was not sustained. Case-Laws Customs Tue, 22 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90823