https://www.taxtmi.com/caselaws?id=90058 Declared transaction value may not be rejected on allegations of fabricated documents, related-party influence, or isolated import comparisons unless the Revenue establishes a legally sustainable ground under the valuation rules; on the stated facts, the transaction value was accepted. A transferee of transferable advance licences may claim the benefit of Notification No. 203/92-Cus. where the licences and DEECs were duly endorsed transferable and the goods were covered by them, because compliance conditions linked to export obligation and input credit are matters for the original licence-holder and the licensing authority's monitoring process. The commentary concludes that confiscation, enhanced value, denial of exemption, redemption fine and penalty were unsustainable. en-us Wed, 04 Feb 1998 00:00:00 +0530 Tue, 06 Jan 2026 14:48:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90058 Declared transaction value may not be rejected on allegations of fabricated documents, related-party influence, or isolated import comparisons unless the Revenue establishes a legally sustainable ground under the valuation rules; on the stated facts, the transaction value was accepted. A transferee of transferable advance licences may claim the benefit of Notification No. 203/92-Cus. where the licences and DEECs were duly endorsed transferable and the goods were covered by them, because compliance conditions linked to export obligation and input credit are matters for the original licence-holder and the licensing authority's monitoring process. The commentary concludes that confiscation, enhanced value, denial of exemption, redemption fine and penalty were unsustainable. Case-Laws Customs Wed, 04 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90058