https://www.taxtmi.com/highlights?id=62536 Valuation of imported goods - rejection of declared value - enhancement of value - The prices may fluctuate on account of the vagaries of market but the contractual price agreed upon by the contracting parties would be sacrosanct unless the contract provides so. The contractual price entered between the parties need to be tested against the prevailing market prices on the date of contract rather than any subsequent price. - AT en-us Tue, 22 Mar 2022 11:24:59 +0530 Tue, 22 Mar 2022 11:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62536 Valuation of imported goods - rejection of declared value - enhancement of value - The prices may fluctuate on account of the vagaries of market but the contractual price agreed upon by the contracting parties would be sacrosanct unless the contract provides so. The contractual price entered between the parties need to be tested against the prevailing market prices on the date of contract rather than any subsequent price. - AT Highlights Customs Tue, 22 Mar 2022 11:24:59 +0530 https://www.taxtmi.com/highlights?id=62536