https://www.taxtmi.com/caselaws?id=332967 Declared transaction value for imported Regrind ABS 20% Glass filled could not be rejected by comparing it with the PLATT price of prime quality ABS. The two goods were materially different, so the benchmark was too remote and unreliable to dislodge the declared value on valuation grounds. A dissimilar market price cannot sustain enhancement unless it provides a reasonable and reliable basis for comparison. On that reasoning, the valuation enhancement was unsustainable and the impugned valuation order was set aside. en-us Mon, 12 Sep 2016 00:00:00 +0530 Fri, 31 Mar 2017 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332967 Declared transaction value for imported Regrind ABS 20% Glass filled could not be rejected by comparing it with the PLATT price of prime quality ABS. The two goods were materially different, so the benchmark was too remote and unreliable to dislodge the declared value on valuation grounds. A dissimilar market price cannot sustain enhancement unless it provides a reasonable and reliable basis for comparison. On that reasoning, the valuation enhancement was unsustainable and the impugned valuation order was set aside. Case-Laws Customs Mon, 12 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332967