https://www.taxtmi.com/caselaws?id=209172 Notification benefit for new and unregistered imported vehicles remains available where the cars were not registered before export and minimal odometer readings alone do not establish that they were old. Surrounding circumstances may support their status as new vehicles where no further notification condition disqualifies them. Declared transaction value may be rejected when invoices lack relevant particulars and contemporaneous international price data, adjusted for trade discounts, taxes, valuation instructions and depreciation, reasonably undermines its reliability. Limited allowance for demurrage and weather exposure does not prevent enhancement where the resulting assessable value remains materially higher than the declared value. en-us Tue, 11 Jan 2011 00:00:00 +0530 Mon, 18 May 2015 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209172 Notification benefit for new and unregistered imported vehicles remains available where the cars were not registered before export and minimal odometer readings alone do not establish that they were old. Surrounding circumstances may support their status as new vehicles where no further notification condition disqualifies them. Declared transaction value may be rejected when invoices lack relevant particulars and contemporaneous international price data, adjusted for trade discounts, taxes, valuation instructions and depreciation, reasonably undermines its reliability. Limited allowance for demurrage and weather exposure does not prevent enhancement where the resulting assessable value remains materially higher than the declared value. Case-Laws Customs Tue, 11 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209172