https://www.taxtmi.com/caselaws?id=107903 Declared transaction value for imported Nylon 66 yarn could be rejected only where buyer-seller relationship influenced price or where Revenue proved a valid comparison with identical or similar goods imported at about the same time, at the same commercial level and in comparable quantity. A solitary comparable import of 210 denier yarn by another importer was insufficient because the appellant's goods were 840 to 1890 denier yarn imported in much larger quantities, and contemporaneous imports of comparable goods by an unrelated buyer were at similar prices. The record also indicated that the two products were not commercially interchangeable, and no proper adjustment justified discarding the declared value. The rejection and enhancement of value were therefore unjustified. en-us Thu, 21 Aug 2003 00:00:00 +0530 Tue, 27 Mar 2012 16:17:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107903 Declared transaction value for imported Nylon 66 yarn could be rejected only where buyer-seller relationship influenced price or where Revenue proved a valid comparison with identical or similar goods imported at about the same time, at the same commercial level and in comparable quantity. A solitary comparable import of 210 denier yarn by another importer was insufficient because the appellant's goods were 840 to 1890 denier yarn imported in much larger quantities, and contemporaneous imports of comparable goods by an unrelated buyer were at similar prices. The record also indicated that the two products were not commercially interchangeable, and no proper adjustment justified discarding the declared value. The rejection and enhancement of value were therefore unjustified. Case-Laws Customs Thu, 21 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107903