https://www.taxtmi.com/caselaws?id=42225 Customs authorities cannot reject the invoice price for imported ball bearings where a prior reasoned valuation order on an identical import has already accepted that price as the correct value under Section 14(1)(a) of the Customs Act. In the absence of any affidavit or independent material rebutting that valuation, the authorities are bound by the earlier determination and have no legal basis to insist on loading the value. Clearance on a loaded value was therefore unsustainable, and the goods were to be cleared on the invoice price. en-us Thu, 07 Apr 1988 00:00:00 +0530 Wed, 09 Jun 2010 18:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42225 Customs authorities cannot reject the invoice price for imported ball bearings where a prior reasoned valuation order on an identical import has already accepted that price as the correct value under Section 14(1)(a) of the Customs Act. In the absence of any affidavit or independent material rebutting that valuation, the authorities are bound by the earlier determination and have no legal basis to insist on loading the value. Clearance on a loaded value was therefore unsustainable, and the goods were to be cleared on the invoice price. Case-Laws Customs Thu, 07 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42225