https://www.taxtmi.com/caselaws?id=216976 Declared value of old and used imported computer monitors could not be enhanced without evidence of comparable goods or reliable market data. The Revenue relied on a suggested price, but no comparable imports were produced on the record, and the record did not establish a market price for second-hand goods. On that evidentiary basis, enhancement of value was not justified and the reassessment was set aside, leaving the assessee's declared value undisturbed. en-us Tue, 02 Aug 2011 00:00:00 +0530 Fri, 07 Sep 2012 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216976 Declared value of old and used imported computer monitors could not be enhanced without evidence of comparable goods or reliable market data. The Revenue relied on a suggested price, but no comparable imports were produced on the record, and the record did not establish a market price for second-hand goods. On that evidentiary basis, enhancement of value was not justified and the reassessment was set aside, leaving the assessee's declared value undisturbed. Case-Laws Customs Tue, 02 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216976