https://www.taxtmi.com/caselaws?id=54380 Declaring imported goods as unbranded in the bill of entry did not, on these facts, amount to misdeclaration where the brand and model markings were visible on examination and the model was disclosed; confiscation and penalty on that basis were therefore unsustainable. The declared transaction value also could not be rejected because the burden lay on Revenue to prove a statutory basis for discarding transaction value, and the contemporaneous import data relied on involved smaller, non-comparable quantities. In the absence of any shown relationship between buyer and seller or other exception to acceptance of invoice value, re-determination of assessable value was not justified. en-us Thu, 28 Apr 2005 00:00:00 +0530 Tue, 19 Oct 2010 17:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54380 Declaring imported goods as unbranded in the bill of entry did not, on these facts, amount to misdeclaration where the brand and model markings were visible on examination and the model was disclosed; confiscation and penalty on that basis were therefore unsustainable. The declared transaction value also could not be rejected because the burden lay on Revenue to prove a statutory basis for discarding transaction value, and the contemporaneous import data relied on involved smaller, non-comparable quantities. In the absence of any shown relationship between buyer and seller or other exception to acceptance of invoice value, re-determination of assessable value was not justified. Case-Laws Customs Thu, 28 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54380