https://www.taxtmi.com/caselaws?id=50330 Declared transaction value for imported goods could not be rejected on the basis of an earlier invoice from the same foreign supplier, because the earlier document was not reliable contemporaneous evidence. A gap of about four months, differences in quantity, and correspondence indicating a commercial reduction in price showed that the relied-upon invoice was not suitable for fixing the value of the present consignment. The declared transaction value was therefore accepted as the correct basis of assessment, and the enhancement of assessable value was held unsustainable. en-us Wed, 06 Sep 2000 00:00:00 +0530 Sat, 21 Aug 2010 11:28:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50330 Declared transaction value for imported goods could not be rejected on the basis of an earlier invoice from the same foreign supplier, because the earlier document was not reliable contemporaneous evidence. A gap of about four months, differences in quantity, and correspondence indicating a commercial reduction in price showed that the relied-upon invoice was not suitable for fixing the value of the present consignment. The declared transaction value was therefore accepted as the correct basis of assessment, and the enhancement of assessable value was held unsustainable. Case-Laws Customs Wed, 06 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50330