https://www.taxtmi.com/caselaws?id=53019 Extended limitation under customs law requires evidence of collusion, wilful misstatement or suppression of facts; where importers declared invoice value in the Bills of Entry and Revenue produced no material of under-invoicing or extra payment, the extended period under Section 28 of the Customs Act was held inapplicable. Assessable value cannot be enhanced solely on an unverified export declaration from Hong Kong Customs, especially where the original document is not on record and authenticity is not established; value must be redetermined on legally admissible evidence. The earlier Bills of Entry succeeded on limitation, while the remaining valuation dispute was remanded for fresh adjudication. en-us Tue, 24 Aug 2004 00:00:00 +0530 Mon, 01 Jul 2024 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53019 Extended limitation under customs law requires evidence of collusion, wilful misstatement or suppression of facts; where importers declared invoice value in the Bills of Entry and Revenue produced no material of under-invoicing or extra payment, the extended period under Section 28 of the Customs Act was held inapplicable. Assessable value cannot be enhanced solely on an unverified export declaration from Hong Kong Customs, especially where the original document is not on record and authenticity is not established; value must be redetermined on legally admissible evidence. The earlier Bills of Entry succeeded on limitation, while the remaining valuation dispute was remanded for fresh adjudication. Case-Laws Customs Tue, 24 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53019