https://www.taxtmi.com/caselaws?id=114713 Customs valuation must start from the declared transaction value, and that value cannot be rejected unless there is evidence that it is not genuine or correct. Where imported goods are mixed, heterogeneous floor sweepings and are not truly comparable from consignment to consignment, contemporaneous imports, Platt's prices and departmental standing orders cannot by themselves justify enhancement. The import contract was pre-registered and there was no proof of undervaluation or unreliability of the invoice price. On those facts, the declared invoice value had to be accepted and the proposed enhancement of assessable value was unsustainable. en-us Fri, 10 Dec 2004 00:00:00 +0530 Sat, 19 May 2012 13:00:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114713 Customs valuation must start from the declared transaction value, and that value cannot be rejected unless there is evidence that it is not genuine or correct. Where imported goods are mixed, heterogeneous floor sweepings and are not truly comparable from consignment to consignment, contemporaneous imports, Platt's prices and departmental standing orders cannot by themselves justify enhancement. The import contract was pre-registered and there was no proof of undervaluation or unreliability of the invoice price. On those facts, the declared invoice value had to be accepted and the proposed enhancement of assessable value was unsustainable. Case-Laws Customs Fri, 10 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114713