https://www.taxtmi.com/caselaws?id=112972 Declared transaction value for imported VCD player parts could not be rejected by comparing the goods with non-comparable imports of different models and a different supplier. The record showed disclosure of the parts in the Bills of Entry, supported by commercial documents and remittance evidence, so the department lacked reliable contemporaneous evidence to enhance value. The Tribunal also found that the goods were not proved to be complete units in CKD form, so misdeclaration was not established. On those facts, confiscation, redemption fine and penalty were not justified, and the goods were directed to be assessed on the declared value. en-us Wed, 31 Mar 2004 00:00:00 +0530 Thu, 03 May 2012 10:58:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112972 Declared transaction value for imported VCD player parts could not be rejected by comparing the goods with non-comparable imports of different models and a different supplier. The record showed disclosure of the parts in the Bills of Entry, supported by commercial documents and remittance evidence, so the department lacked reliable contemporaneous evidence to enhance value. The Tribunal also found that the goods were not proved to be complete units in CKD form, so misdeclaration was not established. On those facts, confiscation, redemption fine and penalty were not justified, and the goods were directed to be assessed on the declared value. Case-Laws Customs Wed, 31 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112972