https://www.taxtmi.com/caselaws?id=286850 Declared import value may be rejected only on concrete evidence of contemporaneous imports of similar goods of like kind and quality; it cannot be displaced on assumptions or surmises, and the valuation under Rules 6 and 8 was therefore unsustainable. The glassware issue turned on tariff classification and licensing: goods described as glassware and falling under Exim Code 701331.00 were freely importable under OGL, so a special import licence was not required. The commentary states that the impugned order was set aside and consequential relief followed in accordance with law. en-us Fri, 07 Jul 2000 00:00:00 +0530 Wed, 18 Mar 2020 13:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286850 Declared import value may be rejected only on concrete evidence of contemporaneous imports of similar goods of like kind and quality; it cannot be displaced on assumptions or surmises, and the valuation under Rules 6 and 8 was therefore unsustainable. The glassware issue turned on tariff classification and licensing: goods described as glassware and falling under Exim Code 701331.00 were freely importable under OGL, so a special import licence was not required. The commentary states that the impugned order was set aside and consequential relief followed in accordance with law. Case-Laws Customs Fri, 07 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286850