https://www.taxtmi.com/caselaws?id=115144 Misdeclaration cannot be sustained where the sole evidentiary basis, namely laboratory testing, is found unreliable and cross-examination does not support the Department's case; confiscation and penalty then fall away. Transaction value cannot be rejected on the basis of a contemporaneous import unless the comparison involves comparable goods and comparable circumstances; differences in crop, grade and quantity make the cited import an unsafe benchmark for valuation. The commentary notes that, on these principles, the declared transaction value should be accepted and consequential relief follows. en-us Tue, 05 Oct 2004 00:00:00 +0530 Thu, 24 May 2012 12:18:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115144 Misdeclaration cannot be sustained where the sole evidentiary basis, namely laboratory testing, is found unreliable and cross-examination does not support the Department's case; confiscation and penalty then fall away. Transaction value cannot be rejected on the basis of a contemporaneous import unless the comparison involves comparable goods and comparable circumstances; differences in crop, grade and quantity make the cited import an unsafe benchmark for valuation. The commentary notes that, on these principles, the declared transaction value should be accepted and consequential relief follows. Case-Laws Customs Tue, 05 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115144