https://www.taxtmi.com/caselaws?id=122098 Customs valuation requires the Revenue to establish genuine comparability before using a contemporaneous import to enhance declared value. Where the imported goods were described as prepainted coils/sheets on a galvanized base, but the relied-upon benchmark consisted of galvannealed steel sheets in coil with different description and dimensions, and no expert or other material showed identity in quality, size, specifications, or commercial comparability, enhancement of value was not justified. The declared value could not be rejected on the basis of an unproven comparison. en-us Sun, 13 Sep 2009 00:00:00 +0530 Wed, 08 Aug 2012 15:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122098 Customs valuation requires the Revenue to establish genuine comparability before using a contemporaneous import to enhance declared value. Where the imported goods were described as prepainted coils/sheets on a galvanized base, but the relied-upon benchmark consisted of galvannealed steel sheets in coil with different description and dimensions, and no expert or other material showed identity in quality, size, specifications, or commercial comparability, enhancement of value was not justified. The declared value could not be rejected on the basis of an unproven comparison. Case-Laws Customs Sun, 13 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122098