https://www.taxtmi.com/caselaws?id=241997 Declared transaction value of imported goods cannot be rejected or enhanced on the basis of contemporaneous imports unless the relied-upon imports are shown to be comparable in identity or similarity, including country of origin and grade. Where the comparison fails to establish such matching characteristics, NIDB data and similar imports do not provide a sustainable basis for redetermination. On the material noted, the enhancement of value was unsupported, and the declared value was required to be accepted in favour of the assessee. en-us Wed, 01 Aug 2012 00:00:00 +0530 Mon, 06 Jan 2014 06:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241997 Declared transaction value of imported goods cannot be rejected or enhanced on the basis of contemporaneous imports unless the relied-upon imports are shown to be comparable in identity or similarity, including country of origin and grade. Where the comparison fails to establish such matching characteristics, NIDB data and similar imports do not provide a sustainable basis for redetermination. On the material noted, the enhancement of value was unsupported, and the declared value was required to be accepted in favour of the assessee. Case-Laws Customs Wed, 01 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241997