https://www.taxtmi.com/caselaws?id=51103 Declared transaction value for old bearings sold in a stock clearance sale was accepted because the goods were 5-10 years old, discounts could commercially apply, and no evidence showed that the declared price was not the actual price paid or payable. The manufacturer's price list was held not to be conclusive proof of value, so the declared value could not be rejected merely for differing from that list. On that basis, enhancement of value was unsustainable. en-us Wed, 16 Jan 2002 00:00:00 +0530 Wed, 22 Sep 2010 16:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51103 Declared transaction value for old bearings sold in a stock clearance sale was accepted because the goods were 5-10 years old, discounts could commercially apply, and no evidence showed that the declared price was not the actual price paid or payable. The manufacturer's price list was held not to be conclusive proof of value, so the declared value could not be rejected merely for differing from that list. On that basis, enhancement of value was unsustainable. Case-Laws Customs Wed, 16 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51103