https://www.taxtmi.com/caselaws?id=112689 Imported automobile horns, lights and stickers were treated as covered by the relevant Import Policy entries and not as prohibited consumer goods, because such items do not directly satisfy human needs without further processing. The absence of a valid import licence was therefore not established. On valuation, declared invoice value could not be displaced merely by other invoices or market enquiries unless the department proved the legally relevant conditions for departing from transaction value, such as mutuality of interest, extra consideration, clandestine dealing or remittance. As those foundations were not shown, enhancement of assessable value was unsustainable and the invoice price had to be accepted. en-us Tue, 07 Jan 1992 00:00:00 +0530 Tue, 01 May 2012 13:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112689 Imported automobile horns, lights and stickers were treated as covered by the relevant Import Policy entries and not as prohibited consumer goods, because such items do not directly satisfy human needs without further processing. The absence of a valid import licence was therefore not established. On valuation, declared invoice value could not be displaced merely by other invoices or market enquiries unless the department proved the legally relevant conditions for departing from transaction value, such as mutuality of interest, extra consideration, clandestine dealing or remittance. As those foundations were not shown, enhancement of assessable value was unsustainable and the invoice price had to be accepted. Case-Laws Customs Tue, 07 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112689