https://www.taxtmi.com/caselaws?id=106739 Declared transaction value cannot be rejected merely because identical goods were imported by another buyer at a different commercial level; the higher comparable price was not a valid benchmark on these facts. Imported machine and software were separately classifiable and could not be clubbed for assessment, though the claimed exhibition or demonstration discount was disallowed because it was not shown to be a recognised commercial discount. In the absence of suppression or misdeclaration, confiscation, redemption fine and penalty were unsustainable and were set aside. en-us Wed, 25 Sep 2002 00:00:00 +0530 Thu, 15 Mar 2012 14:50:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106739 Declared transaction value cannot be rejected merely because identical goods were imported by another buyer at a different commercial level; the higher comparable price was not a valid benchmark on these facts. Imported machine and software were separately classifiable and could not be clubbed for assessment, though the claimed exhibition or demonstration discount was disallowed because it was not shown to be a recognised commercial discount. In the absence of suppression or misdeclaration, confiscation, redemption fine and penalty were unsustainable and were set aside. Case-Laws Customs Wed, 25 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106739