https://www.taxtmi.com/caselaws?id=124658 Declared import value could not be rejected where the assessee supported it with the manufacturer's price revision letter, invoices and shipping documents showing shipment after the effective price revision. The department's contemporaneous imports at a higher price were from earlier shipments made before the revision date, while post-revision imports reflected the lower revised price. On that record, the lower authorities were not justified in ignoring the commercial evidence and enhancing value merely on the basis of earlier imports. The declared transaction value was therefore required to be accepted and assessed accordingly, with consequential relief following from rejection of the proposed enhancement. en-us Thu, 21 Aug 2008 00:00:00 +0530 Wed, 03 Oct 2012 18:17:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124658 Declared import value could not be rejected where the assessee supported it with the manufacturer's price revision letter, invoices and shipping documents showing shipment after the effective price revision. The department's contemporaneous imports at a higher price were from earlier shipments made before the revision date, while post-revision imports reflected the lower revised price. On that record, the lower authorities were not justified in ignoring the commercial evidence and enhancing value merely on the basis of earlier imports. The declared transaction value was therefore required to be accepted and assessed accordingly, with consequential relief following from rejection of the proposed enhancement. Case-Laws Customs Thu, 21 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124658