https://www.taxtmi.com/caselaws?id=50462 Declared transaction value in customs valuation must be accepted unless it is lawfully rejected on permissible grounds. Third-party comparative data cannot justify enhancement where it is not furnished to the importer or otherwise satisfactorily established, and prior clearances of the same consignments at the declared value support acceptance of that value. Misdeclaration cannot be inferred without factual foundation where the goods are described consistently in the invoice and bill of entry. Sequential application of the Customs Valuation Rules is available only after the transaction value has been validly displaced. en-us Tue, 27 Feb 2001 00:00:00 +0530 Fri, 29 Mar 2024 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50462 Declared transaction value in customs valuation must be accepted unless it is lawfully rejected on permissible grounds. Third-party comparative data cannot justify enhancement where it is not furnished to the importer or otherwise satisfactorily established, and prior clearances of the same consignments at the declared value support acceptance of that value. Misdeclaration cannot be inferred without factual foundation where the goods are described consistently in the invoice and bill of entry. Sequential application of the Customs Valuation Rules is available only after the transaction value has been validly displaced. Case-Laws Customs Tue, 27 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50462