https://www.taxtmi.com/caselaws?id=118246 Declared transaction value of imported air-conditioners could not be rejected on the basis of NIDB data, because the only matching model reflected a very small import quantity and there was no proof that the goods were comparable in quality or imported at or about the same time. Rule 6 of the Customs Valuation Rules, 1988 applies only where contemporaneous imports of similar goods are established within the valuation framework. In the absence of such evidence, enhancement of value was not justified and the declared transaction value had to be accepted. en-us Mon, 08 May 2006 00:00:00 +0530 Tue, 03 Oct 2017 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118246 Declared transaction value of imported air-conditioners could not be rejected on the basis of NIDB data, because the only matching model reflected a very small import quantity and there was no proof that the goods were comparable in quality or imported at or about the same time. Rule 6 of the Customs Valuation Rules, 1988 applies only where contemporaneous imports of similar goods are established within the valuation framework. In the absence of such evidence, enhancement of value was not justified and the declared transaction value had to be accepted. Case-Laws Customs Mon, 08 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118246