https://www.taxtmi.com/caselaws?id=51292 Declared transaction value of imported betel nuts cannot be rejected without objective evidence showing undervaluation, misdeclaration, clandestine remittance, or other basis to doubt bona fides. A contemporaneous import used for comparison must be truly comparable in origin, quantity, quality, and material characteristics; a different-country import and a much smaller shipment are not reliable benchmarks. Stray higher-priced imports alone do not justify enhancement of assessable value. The stated rule therefore supports acceptance of the declared value where the department fails to discharge the burden of proof. en-us Tue, 11 Jun 2002 00:00:00 +0530 Thu, 23 Sep 2010 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51292 Declared transaction value of imported betel nuts cannot be rejected without objective evidence showing undervaluation, misdeclaration, clandestine remittance, or other basis to doubt bona fides. A contemporaneous import used for comparison must be truly comparable in origin, quantity, quality, and material characteristics; a different-country import and a much smaller shipment are not reliable benchmarks. Stray higher-priced imports alone do not justify enhancement of assessable value. The stated rule therefore supports acceptance of the declared value where the department fails to discharge the burden of proof. Case-Laws Customs Tue, 11 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51292