https://www.taxtmi.com/caselaws?id=461697 Where the final invoice reflected the contractual method for determining quantity and price, customs valuation had to be accepted on transaction value and could not be fixed on a notional basis by relying only on the provisional invoice. The departmental circular of 27.08.2008 applied and required acceptance of the final invoice price arrived at under the contract unless there were substantive, cogent grounds to reject it. In the absence of such grounds, the demand based on the provisional invoice was unsustainable and the valuation had to be determined on the basis of the final contractual invoice. en-us Tue, 08 Aug 2023 00:00:00 +0530 Tue, 22 Apr 2025 19:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461697 Where the final invoice reflected the contractual method for determining quantity and price, customs valuation had to be accepted on transaction value and could not be fixed on a notional basis by relying only on the provisional invoice. The departmental circular of 27.08.2008 applied and required acceptance of the final invoice price arrived at under the contract unless there were substantive, cogent grounds to reject it. In the absence of such grounds, the demand based on the provisional invoice was unsustainable and the valuation had to be determined on the basis of the final contractual invoice. Case-Laws Customs Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461697