https://www.taxtmi.com/caselaws?id=41407 Importer's own documents and transaction records showing Japanese origin, sale notes and invoices were treated as sufficient to prove a higher true value than the declared value, making the claimed ignorance of the dealings implausible. On that basis, the mis-statement of value was established and confiscation and penalty were sustained. The customs valuation was also upheld because the authorities were entitled to rely on the sale notes and invoices produced in the enquiry, and a separate market enquiry was not required where those materials provided a reliable basis for valuation. Section 30 of the Sea Customs Act, 1878 was therefore treated as complied with. en-us Mon, 07 Sep 1981 00:00:00 +0530 Wed, 02 Jun 2010 18:48:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41407 Importer's own documents and transaction records showing Japanese origin, sale notes and invoices were treated as sufficient to prove a higher true value than the declared value, making the claimed ignorance of the dealings implausible. On that basis, the mis-statement of value was established and confiscation and penalty were sustained. The customs valuation was also upheld because the authorities were entitled to rely on the sale notes and invoices produced in the enquiry, and a separate market enquiry was not required where those materials provided a reliable basis for valuation. Section 30 of the Sea Customs Act, 1878 was therefore treated as complied with. Case-Laws Customs Mon, 07 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41407