https://www.taxtmi.com/caselaws?id=41508 Customs valuation under Section 14(1) turns on the ordinary international trade price of the goods, not a special concession or discounted invoice price granted only to one buyer. On the recorded facts, the supplier's correspondence showed US$ 34,000 as the ruling price and US$ 28,000 as a special price in the petitioner's case, so the authorities were justified in adopting US$ 34,000 for assessment. The court also noted that such factual findings, being supported by evidence and representing a possible view, are not ordinarily open to interference in writ jurisdiction absent an error of law or a finding with no evidence. en-us Fri, 23 Sep 1983 00:00:00 +0530 Thu, 03 Jun 2010 18:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41508 Customs valuation under Section 14(1) turns on the ordinary international trade price of the goods, not a special concession or discounted invoice price granted only to one buyer. On the recorded facts, the supplier's correspondence showed US$ 34,000 as the ruling price and US$ 28,000 as a special price in the petitioner's case, so the authorities were justified in adopting US$ 34,000 for assessment. The court also noted that such factual findings, being supported by evidence and representing a possible view, are not ordinarily open to interference in writ jurisdiction absent an error of law or a finding with no evidence. Case-Laws Customs Fri, 23 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41508