https://www.taxtmi.com/caselaws?id=267568 Declared import value may be rejected where reliable comparable import data and the importer's own admissions show the price is artificially low, and the importer fails to substantiate a claim of inferior quality or absence of warranty support with credible documentary evidence. The valuation can then be determined by reasonable means under the Customs Valuation Rules, consistent with Section 14 of the Customs Act, using higher comparable import values from the same importer or similar goods. On the facts noted, the declared values were rejected, Rule 8 valuation was upheld, and the differential duty determination was restored. en-us Wed, 07 Oct 2015 00:00:00 +0530 Tue, 23 Feb 2016 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267568 Declared import value may be rejected where reliable comparable import data and the importer's own admissions show the price is artificially low, and the importer fails to substantiate a claim of inferior quality or absence of warranty support with credible documentary evidence. The valuation can then be determined by reasonable means under the Customs Valuation Rules, consistent with Section 14 of the Customs Act, using higher comparable import values from the same importer or similar goods. On the facts noted, the declared values were rejected, Rule 8 valuation was upheld, and the differential duty determination was restored. Case-Laws Customs Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267568