https://www.taxtmi.com/caselaws?id=198460 Declared FOB value for exported cotton knitted T-shirts could not be rejected for DEPB purposes merely because it differed from PMV. Contemporaneous export data showed comparable exports at similar per-piece values, and the same value had also been accepted in the exporter's own shipments. Market verification under the standing order required opinion, intelligence, or prima facie evidence, but no such material was recorded beyond the FOB-PMV difference. The contrary appellate order, having ignored the contemporaneous evidence and the adjudicating findings, was therefore unsustainable, and the declared export value was accepted. en-us Wed, 14 Sep 2016 00:00:00 +0530 Wed, 31 Jan 2018 18:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198460 Declared FOB value for exported cotton knitted T-shirts could not be rejected for DEPB purposes merely because it differed from PMV. Contemporaneous export data showed comparable exports at similar per-piece values, and the same value had also been accepted in the exporter's own shipments. Market verification under the standing order required opinion, intelligence, or prima facie evidence, but no such material was recorded beyond the FOB-PMV difference. The contrary appellate order, having ignored the contemporaneous evidence and the adjudicating findings, was therefore unsustainable, and the declared export value was accepted. Case-Laws Customs Wed, 14 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198460