Government-Approved Valuation of Imported Rough Emeralds Upheld; Declared Value Within Acceptable Range.

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....Valuation of imported Rough Emerald - Correctness of valuation by the Government approved valuer of Natural Rough Emerald - No valuer can give exact valuation of rough precious stones at any stage of time, however an expert the valuer may be. Generally, the prices are given with a margin of fluctuation of +/- 20% and the value declared by the appellant was well within this range. - The Department has failed to prove that the transaction value/invoice price was incorrect. - AT....