https://www.taxtmi.com/caselaws?id=101085 Contemporaneous shipping documents and export records showing a higher value than the importer's declared price justified rejection of the declared transaction value as the assessable value. On that basis, waiver of pre-deposit of the duty demand was refused because no sufficient ground existed to dispense with deposit. However, interim protection was granted for the penalty portion, and recovery of that amount was stayed pending disposal of the appeal. The note thus reflects that documentary evidence indicating understatement of import value can defeat waiver of duty pre-deposit, while separate interim relief may still be available on the penalty component. en-us Mon, 21 Jan 2002 00:00:00 +0530 Wed, 08 Feb 2012 15:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101085 Contemporaneous shipping documents and export records showing a higher value than the importer's declared price justified rejection of the declared transaction value as the assessable value. On that basis, waiver of pre-deposit of the duty demand was refused because no sufficient ground existed to dispense with deposit. However, interim protection was granted for the penalty portion, and recovery of that amount was stayed pending disposal of the appeal. The note thus reflects that documentary evidence indicating understatement of import value can defeat waiver of duty pre-deposit, while separate interim relief may still be available on the penalty component. Case-Laws Customs Mon, 21 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101085