https://www.taxtmi.com/caselaws?id=116246 Declared import value for computers may be rejected where contemporaneous comparable imports and missing supporting commercial documents justify enhancement under customs valuation rules; the enhanced assessment was upheld. Penalties, however, were not considered warranted when the dispute arose only from finalisation of a provisional customs assessment, so they were set aside. The operative position is that valuation can be adjusted on objective comparable evidence and document deficiency, but penal consequences do not automatically follow from provisional assessment finalisation. en-us Tue, 26 Apr 2005 00:00:00 +0530 Sat, 09 Jun 2012 12:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116246 Declared import value for computers may be rejected where contemporaneous comparable imports and missing supporting commercial documents justify enhancement under customs valuation rules; the enhanced assessment was upheld. Penalties, however, were not considered warranted when the dispute arose only from finalisation of a provisional customs assessment, so they were set aside. The operative position is that valuation can be adjusted on objective comparable evidence and document deficiency, but penal consequences do not automatically follow from provisional assessment finalisation. Case-Laws Customs Tue, 26 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116246