https://www.taxtmi.com/caselaws?id=44898 For customs valuation under Section 14 of the Customs Act, the assessable value must be based on the price at which such or like goods are ordinarily sold or offered for sale, and the freight component follows the ordinary mode of import established on the facts. Because the goods were ordinarily imported by sea and air shipment was only an exception due to urgent demand, the Tribunal treated sea freight as the relevant addition and declined to include air freight. That factual finding was not disturbed, and the valuation adopted by the Tribunal was upheld. en-us Wed, 20 Sep 1995 00:00:00 +0530 Tue, 06 Jul 2010 15:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44898 For customs valuation under Section 14 of the Customs Act, the assessable value must be based on the price at which such or like goods are ordinarily sold or offered for sale, and the freight component follows the ordinary mode of import established on the facts. Because the goods were ordinarily imported by sea and air shipment was only an exception due to urgent demand, the Tribunal treated sea freight as the relevant addition and declined to include air freight. That factual finding was not disturbed, and the valuation adopted by the Tribunal was upheld. Case-Laws Customs Wed, 20 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44898