https://www.taxtmi.com/caselaws?id=233445 Seizure of goods in transit is upheld where the goods are not accompanied by a genuine transit declaration form, and a declaration generated only after detention is treated as an afterthought rather than a valid contemporaneous document. For valuation, an unsupported estimate of seized goods cannot stand when contemporaneous invoices are available and were not properly verified. On that basis, the seizure order remains valid, but the estimated market value is reduced from the unsupported figure to the invoice-based value for release security purposes. en-us Mon, 29 Apr 2013 00:00:00 +0530 Wed, 01 May 2013 11:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233445 Seizure of goods in transit is upheld where the goods are not accompanied by a genuine transit declaration form, and a declaration generated only after detention is treated as an afterthought rather than a valid contemporaneous document. For valuation, an unsupported estimate of seized goods cannot stand when contemporaneous invoices are available and were not properly verified. On that basis, the seizure order remains valid, but the estimated market value is reduced from the unsupported figure to the invoice-based value for release security purposes. Case-Laws VAT and Sales Tax Mon, 29 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233445