https://www.taxtmi.com/caselaws?id=53434 The enhancement of the declared import value was held unsustainable because the Revenue did not produce any contemporaneous or comparable import data to support revaluation. Although the goods were declared as acrylic sheet scrap and treated by the Revenue as acrylic sheet off cuts, that characterisation alone did not justify an upward revision of value in the absence of supporting material. The declared value therefore could not be disturbed on the record before the tribunal, and the appeal was allowed. en-us Wed, 29 Sep 2004 00:00:00 +0530 Wed, 13 Oct 2010 13:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53434 The enhancement of the declared import value was held unsustainable because the Revenue did not produce any contemporaneous or comparable import data to support revaluation. Although the goods were declared as acrylic sheet scrap and treated by the Revenue as acrylic sheet off cuts, that characterisation alone did not justify an upward revision of value in the absence of supporting material. The declared value therefore could not be disturbed on the record before the tribunal, and the appeal was allowed. Case-Laws Customs Wed, 29 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53434