https://www.taxtmi.com/caselaws?id=43985 Section 14(1)(b) of the Customs Act permits customs valuation under the prescribed rules, and Rule 3(b) applies only when value cannot be determined under Rule 3(a). Rule 3(a) is confined to comparable goods produced or manufactured and ordinarily sold in India under competitive conditions; where the nature of the goods and the importer's failure to furnish a relevant price list make that method unsuitable, resort to Rule 3(b) is proper. The Tribunal accepted reliance on the manufacturer's price list rather than an unexplained trading-company source, and the valuation order was found to disclose no error of law. en-us Wed, 29 Mar 1995 00:00:00 +0530 Tue, 22 Jun 2010 12:38:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43985 Section 14(1)(b) of the Customs Act permits customs valuation under the prescribed rules, and Rule 3(b) applies only when value cannot be determined under Rule 3(a). Rule 3(a) is confined to comparable goods produced or manufactured and ordinarily sold in India under competitive conditions; where the nature of the goods and the importer's failure to furnish a relevant price list make that method unsuitable, resort to Rule 3(b) is proper. The Tribunal accepted reliance on the manufacturer's price list rather than an unexplained trading-company source, and the valuation order was found to disclose no error of law. Case-Laws Customs Wed, 29 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43985