https://www.taxtmi.com/caselaws?id=53978 Unsigned and unattested photocopies of foreign export declarations, without production of originals or independent proof of genuineness, were held insufficient to displace the declared transaction value of imported goods. The contemporaneous import evidence supported the importers' declared price, and the surrounding materials, including the invoice and insurance cover, were not shown to be false. In the absence of concrete material establishing that the import invoices were fabricated or bogus, rejection of the declared value and enhancement of assessable value were unsustainable, and the consequential penalties could not stand. en-us Thu, 03 Feb 2005 00:00:00 +0530 Wed, 15 May 2024 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53978 Unsigned and unattested photocopies of foreign export declarations, without production of originals or independent proof of genuineness, were held insufficient to displace the declared transaction value of imported goods. The contemporaneous import evidence supported the importers' declared price, and the surrounding materials, including the invoice and insurance cover, were not shown to be false. In the absence of concrete material establishing that the import invoices were fabricated or bogus, rejection of the declared value and enhancement of assessable value were unsustainable, and the consequential penalties could not stand. Case-Laws Customs Thu, 03 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53978