https://www.taxtmi.com/caselaws?id=95531 Customs valuation of an imported car must follow the normal practice of using the manufacturer's list price with permissible deductions; where the authorities depart from that norm without recorded justification, the assessment cannot stand. The impugned valuation, which included local taxes abroad without a proper basis, was set aside, and the assessable value, redemption fine and penalty were remanded to the original authority for fresh determination after giving the importer an opportunity to be heard. en-us Wed, 08 Sep 1999 00:00:00 +0530 Tue, 13 Dec 2011 12:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95531 Customs valuation of an imported car must follow the normal practice of using the manufacturer's list price with permissible deductions; where the authorities depart from that norm without recorded justification, the assessment cannot stand. The impugned valuation, which included local taxes abroad without a proper basis, was set aside, and the assessable value, redemption fine and penalty were remanded to the original authority for fresh determination after giving the importer an opportunity to be heard. Case-Laws Customs Wed, 08 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95531