https://www.taxtmi.com/caselaws?id=236917 Imported goods declared as recycled base oil could not be recharacterised as virgin base oil on the basis of a tentative chemical examiner's report. The report was not conclusive, and the evidence from cross-examination showed no established technical specifications for distinguishing virgin from recycled base oil. As the supplier's invoice, packing list and certificate consistently described the goods as recycled base oil, and no independent material rebutted that description, the declared transaction value could not be displaced. The enhancement of assessable value was therefore unsustainable, and the impugned order was set aside with consequential relief. en-us Wed, 29 Aug 2012 00:00:00 +0530 Thu, 12 Sep 2013 10:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236917 Imported goods declared as recycled base oil could not be recharacterised as virgin base oil on the basis of a tentative chemical examiner's report. The report was not conclusive, and the evidence from cross-examination showed no established technical specifications for distinguishing virgin from recycled base oil. As the supplier's invoice, packing list and certificate consistently described the goods as recycled base oil, and no independent material rebutted that description, the declared transaction value could not be displaced. The enhancement of assessable value was therefore unsustainable, and the impugned order was set aside with consequential relief. Case-Laws Customs Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236917