https://www.taxtmi.com/caselaws?id=85917 A foreign collaborator's equity participation and royalty-based technical collaboration, without evidence of mutuality of interest, extra consideration, or price depression, do not by themselves justify rejecting the declared import price under customs valuation principles. The declared value remained acceptable where the department failed to show that the invoice price was not the sole consideration or that comparable higher-priced imports supported loading. Assessment of spares on the manufacturers' price list was upheld where that list was available, but loading of other spares at the same percentages applied to components was not justified. en-us Mon, 02 Sep 1996 00:00:00 +0530 Tue, 09 Aug 2011 10:39:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85917 A foreign collaborator's equity participation and royalty-based technical collaboration, without evidence of mutuality of interest, extra consideration, or price depression, do not by themselves justify rejecting the declared import price under customs valuation principles. The declared value remained acceptable where the department failed to show that the invoice price was not the sole consideration or that comparable higher-priced imports supported loading. Assessment of spares on the manufacturers' price list was upheld where that list was available, but loading of other spares at the same percentages applied to components was not justified. Case-Laws Customs Mon, 02 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85917