https://www.taxtmi.com/caselaws?id=100442 Declared transaction value cannot be rejected for customs valuation merely because another import appears higher; the authority must show contemporaneous imports of identical or similar goods or other concrete proof that the invoice price is incorrect. An older invoice, a different grade of goods, or the absence of reasons in the invoice for the agreed price is not enough to displace the declared value without proof of false pricing. On that basis, pro rata enhancement of the remaining grades also failed because it depended on the same unsupported rejection of the declared value. en-us Wed, 03 Oct 2001 00:00:00 +0530 Wed, 01 Feb 2012 16:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100442 Declared transaction value cannot be rejected for customs valuation merely because another import appears higher; the authority must show contemporaneous imports of identical or similar goods or other concrete proof that the invoice price is incorrect. An older invoice, a different grade of goods, or the absence of reasons in the invoice for the agreed price is not enough to displace the declared value without proof of false pricing. On that basis, pro rata enhancement of the remaining grades also failed because it depended on the same unsupported rejection of the declared value. Case-Laws Customs Wed, 03 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100442