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Transaction value must be accepted as assessable value unless proven incorrect through independent evidence, mere reference to NIDB data insufficient. Onus on Department to demonstrate how relationship between importer and overseas supplier influenced prices. No evidence that agreed values incorrect, original authority recorded relationship did not affect invoice price. NIDB data cannot be sole basis for value enhancement without establishing comparability in quality, quantity, origin, commercial factors affecting transaction value. Lack of communication to appellant regarding doubts on declared transaction value violates Customs Valuation Rules, 2007. Impugned order set aside, appeal allowed by Appellate Tribunal.
Transaction value must be accepted as assessable value unless proven incorrect through independent evidence, mere reference to NIDB data insufficient. Onus on Department to demonstrate how relationship between importer and overseas supplier influenced prices. No evidence that agreed values incorrect, original authority recorded relationship did not affect invoice price. NIDB data cannot be sole basis for value enhancement without establishing comparability in quality, quantity, origin, commercial factors affecting transaction value. Lack of communication to appellant regarding doubts on declared transaction value violates Customs Valuation Rules, 2007. Impugned order set aside, appeal allowed by Appellate Tribunal.
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