https://www.taxtmi.com/caselaws?id=94445 Imported car valuation under Rule 4 and Section 14 turns on the price actually paid, with genuine discounts deductible unless the Department proves otherwise. On the facts noted, the car stereo was treated as part of the vehicle value because no separate charge was shown. Depreciation for an old vehicle was to be recomputed up to the Bill of Entry date at the applicable quarterly rates. Freight and insurance were left includible because the claim that they were already embedded in the declared price was not substantiated, while the special discount was deductible from the transaction value. en-us Tue, 24 Aug 1999 00:00:00 +0530 Tue, 22 Nov 2011 15:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94445 Imported car valuation under Rule 4 and Section 14 turns on the price actually paid, with genuine discounts deductible unless the Department proves otherwise. On the facts noted, the car stereo was treated as part of the vehicle value because no separate charge was shown. Depreciation for an old vehicle was to be recomputed up to the Bill of Entry date at the applicable quarterly rates. Freight and insurance were left includible because the claim that they were already embedded in the declared price was not substantiated, while the special discount was deductible from the transaction value. Case-Laws Customs Tue, 24 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94445