https://www.taxtmi.com/caselaws?id=245005 Declared import value for bearings could not be rejected and enhanced merely because the invoices were from traders and the goods were of Japanese and Russian origin. The enhancement lacked support from contemporaneous import data, comparable prices of the same goods, or NIDB evidence, and was based only on an NTN price list with a discount. In the absence of reliable comparable evidence on record, the enhanced assessable value was unsustainable. The impugned order was set aside and consequential relief followed. en-us Tue, 14 May 2013 00:00:00 +0530 Sat, 15 Mar 2014 14:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245005 Declared import value for bearings could not be rejected and enhanced merely because the invoices were from traders and the goods were of Japanese and Russian origin. The enhancement lacked support from contemporaneous import data, comparable prices of the same goods, or NIDB evidence, and was based only on an NTN price list with a discount. In the absence of reliable comparable evidence on record, the enhanced assessable value was unsustainable. The impugned order was set aside and consequential relief followed. Case-Laws Customs Tue, 14 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245005