https://www.taxtmi.com/caselaws?id=98854 Declared transaction value of an imported assorted stock lot could not be rejected where the importer's manufacturer invoice was not disproved by reliable evidence. Valuation based on raw material cost was inappropriate for goods with visual manufacturing defects, and reliance on extraneous website information not included in the show-cause notice breached natural justice. The declared value was therefore required to be accepted under Rule 4 of the Customs (Valuation) Rules, 1988, and the resulting enhancement, confiscation, redemption fine and penalty were unsustainable. en-us Fri, 03 Mar 2000 00:00:00 +0530 Wed, 22 Feb 2012 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98854 Declared transaction value of an imported assorted stock lot could not be rejected where the importer's manufacturer invoice was not disproved by reliable evidence. Valuation based on raw material cost was inappropriate for goods with visual manufacturing defects, and reliance on extraneous website information not included in the show-cause notice breached natural justice. The declared value was therefore required to be accepted under Rule 4 of the Customs (Valuation) Rules, 1988, and the resulting enhancement, confiscation, redemption fine and penalty were unsustainable. Case-Laws Customs Fri, 03 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98854