https://www.taxtmi.com/caselaws?id=102032 Declared transaction value for imported components could not be rejected merely because the importer and supplier were related. The valuation authorities had to show material indicating that the relationship influenced the price or that extra consideration passed beyond the invoiced amount. Imports for assembly and imports of spare parts operated at different commercial levels, so the assumption that both must carry the same price was erroneous. The importer's separate procurement channels and pricing method supported acceptance of the declared value, and the transaction value was held to be acceptable on these facts. en-us Thu, 04 Apr 2002 00:00:00 +0530 Mon, 13 Feb 2012 14:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102032 Declared transaction value for imported components could not be rejected merely because the importer and supplier were related. The valuation authorities had to show material indicating that the relationship influenced the price or that extra consideration passed beyond the invoiced amount. Imports for assembly and imports of spare parts operated at different commercial levels, so the assumption that both must carry the same price was erroneous. The importer's separate procurement channels and pricing method supported acceptance of the declared value, and the transaction value was held to be acceptable on these facts. Case-Laws Customs Thu, 04 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102032