https://www.taxtmi.com/caselaws?id=278167 A customs valuation under the Sea Customs Act was required to reflect the real value of manganese ore where no specific statutory value was fixed, and the use of unrelated trade journal quotations for shipments from another port was not justified on the material described. The assessment was also unsustainable because the orders gave no reasons, did not disclose the material relied upon, and denied the importers a meaningful opportunity to meet the adverse valuation. As the assessment was appealable, the absence of speaking orders also impaired effective appellate review. The assessment orders were set aside and the matter was remitted for reassessment in accordance with law. en-us Tue, 05 Dec 1961 00:00:00 +0530 Tue, 15 Jan 2019 12:48:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278167 A customs valuation under the Sea Customs Act was required to reflect the real value of manganese ore where no specific statutory value was fixed, and the use of unrelated trade journal quotations for shipments from another port was not justified on the material described. The assessment was also unsustainable because the orders gave no reasons, did not disclose the material relied upon, and denied the importers a meaningful opportunity to meet the adverse valuation. As the assessment was appealable, the absence of speaking orders also impaired effective appellate review. The assessment orders were set aside and the matter was remitted for reassessment in accordance with law. Case-Laws Customs Tue, 05 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278167