https://www.taxtmi.com/caselaws?id=53479 Declared value of imported watch modules could not be enhanced on the basis of an alleged admission or alleged contemporaneous imports, because the recorded statements contained no admission on the value of the goods in issue and the relied-upon statement concerned a different supplier. The comparative imports were found unsuitable since they involved a different importer, different supplier, smaller quantity, later importation and, in one case, branded goods that were not comparable. Rule 5 of the Customs Valuation Rules, 1988 was therefore inapplicable, and the enhancement of value and resulting duty demand were not sustainable. en-us Fri, 18 Jun 2004 00:00:00 +0530 Wed, 13 Oct 2010 15:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53479 Declared value of imported watch modules could not be enhanced on the basis of an alleged admission or alleged contemporaneous imports, because the recorded statements contained no admission on the value of the goods in issue and the relied-upon statement concerned a different supplier. The comparative imports were found unsuitable since they involved a different importer, different supplier, smaller quantity, later importation and, in one case, branded goods that were not comparable. Rule 5 of the Customs Valuation Rules, 1988 was therefore inapplicable, and the enhancement of value and resulting duty demand were not sustainable. Case-Laws Customs Fri, 18 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53479