https://www.taxtmi.com/caselaws?id=99615 Customs valuation of imported used clothing could not be enhanced from the declared transaction value on the basis of a solitary comparable import, because rejection of transaction value requires reliable contemporaneous evidence and genuine comparability in origin, quantity and consignment characteristics. The relied-upon entry was insufficient to justify valuation at US $ 1.05 per kg, so that enhancement was not sustained. However, the declared value of US $ 0.32 per kg was also not accepted as final, as the record supported the prevailing customs practice of valuing such goods at US $ 0.45 per kg. The assessable value was therefore fixed at US $ 0.45 per kg. en-us Tue, 31 Jul 2001 00:00:00 +0530 Fri, 16 Mar 2012 19:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99615 Customs valuation of imported used clothing could not be enhanced from the declared transaction value on the basis of a solitary comparable import, because rejection of transaction value requires reliable contemporaneous evidence and genuine comparability in origin, quantity and consignment characteristics. The relied-upon entry was insufficient to justify valuation at US $ 1.05 per kg, so that enhancement was not sustained. However, the declared value of US $ 0.32 per kg was also not accepted as final, as the record supported the prevailing customs practice of valuing such goods at US $ 0.45 per kg. The assessable value was therefore fixed at US $ 0.45 per kg. Case-Laws Customs Tue, 31 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99615