https://www.taxtmi.com/caselaws?id=100672 Declared customs value could not be enhanced on the basis of a market publication alone where there was no evidence of contemporaneous imports of identical or similar goods and no circumstance under the Customs Valuation framework justifying rejection of the transaction value. The Department's reliance on Metal Bulletin prices was insufficient to displace the importer's declared value without supporting material. In the absence of grounds permitting rejection of transaction value, enhancement of assessable value was unsustainable, and the appeal failed. en-us Fri, 05 Oct 2001 00:00:00 +0530 Fri, 03 Feb 2012 18:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100672 Declared customs value could not be enhanced on the basis of a market publication alone where there was no evidence of contemporaneous imports of identical or similar goods and no circumstance under the Customs Valuation framework justifying rejection of the transaction value. The Department's reliance on Metal Bulletin prices was insufficient to displace the importer's declared value without supporting material. In the absence of grounds permitting rejection of transaction value, enhancement of assessable value was unsustainable, and the appeal failed. Case-Laws Customs Fri, 05 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100672