https://www.taxtmi.com/caselaws?id=121552 Contemporaneous comparable imports from the same country of origin supported the declared transaction value, and prior assessments of similar goods had accepted comparable prices. Applying Rule 5(3) of the Customs Valuation Rules, 1988, the lowest comparable value was the proper benchmark, so enhancement of the assessable value was unjustified. The declared value was therefore accepted and the loading of value set aside, with the Revenue's challenge failing. en-us Fri, 13 Apr 2007 00:00:00 +0530 Tue, 31 Jul 2012 15:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121552 Contemporaneous comparable imports from the same country of origin supported the declared transaction value, and prior assessments of similar goods had accepted comparable prices. Applying Rule 5(3) of the Customs Valuation Rules, 1988, the lowest comparable value was the proper benchmark, so enhancement of the assessable value was unjustified. The declared value was therefore accepted and the loading of value set aside, with the Revenue's challenge failing. Case-Laws Customs Fri, 13 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121552