https://www.taxtmi.com/caselaws?id=42777 Declared transaction value was accepted because the price increase between contracts, on the facts, did not justify an inference of under-valuation and no material displaced the declared value. The import policy was read to permit an Actual User (Industrial) with provisional registration to import raw materials under the Open General Licence; denial on an undisclosed enquiry report and an unproved allegation that the unit was merely proposed could not be sustained. Electrical insulating films were classified under the heading for electrical insulators, not under the plastic sheet heading, because classification followed the essential character of the goods. The adjudication order was set aside with consequential directions for assessment and release on payment of duty. en-us Wed, 28 Jun 1989 00:00:00 +0530 Mon, 14 Jun 2010 12:12:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42777 Declared transaction value was accepted because the price increase between contracts, on the facts, did not justify an inference of under-valuation and no material displaced the declared value. The import policy was read to permit an Actual User (Industrial) with provisional registration to import raw materials under the Open General Licence; denial on an undisclosed enquiry report and an unproved allegation that the unit was merely proposed could not be sustained. Electrical insulating films were classified under the heading for electrical insulators, not under the plastic sheet heading, because classification followed the essential character of the goods. The adjudication order was set aside with consequential directions for assessment and release on payment of duty. Case-Laws Customs Wed, 28 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42777