https://www.taxtmi.com/caselaws?id=89421 Customs valuation of imported diesel engines was based on the list price rather than the declared invoice value because the goods were complete commercial engines, no trade discount or downgraded-model basis was shown, and intended research and development use did not justify a lower assessable value. The importers were not distributors or agents of the foreign supplier and therefore could not claim distributor-related deductions. For imported spares, only the local selling commission normally associated with a distributor was added, because the goods were imported directly and the full distributor loading was not appropriate. The stated ratio is that a direct importer cannot claim distributor discounts from an established list price, and end use alone does not reduce assessable value. en-us Tue, 03 Nov 1998 00:00:00 +0530 Tue, 27 Sep 2011 10:10:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89421 Customs valuation of imported diesel engines was based on the list price rather than the declared invoice value because the goods were complete commercial engines, no trade discount or downgraded-model basis was shown, and intended research and development use did not justify a lower assessable value. The importers were not distributors or agents of the foreign supplier and therefore could not claim distributor-related deductions. For imported spares, only the local selling commission normally associated with a distributor was added, because the goods were imported directly and the full distributor loading was not appropriate. The stated ratio is that a direct importer cannot claim distributor discounts from an established list price, and end use alone does not reduce assessable value. Case-Laws Customs Tue, 03 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89421