https://www.taxtmi.com/caselaws?id=115001 In related-party import transactions, transaction value remains acceptable unless the Revenue proves that the relationship influenced price. Contemporaneous supplies to other group entities at the same price supported the declared value, and marketing or distribution functions alone did not justify rejection. A 25% loading based on a smaller comparable import was also unsustainable because proper quantity and commercial level adjustments were required under the valuation rules. The declared transaction value was therefore accepted for assessment and the enhancement of assessable value was set aside. en-us Thu, 25 Nov 2004 00:00:00 +0530 Tue, 22 May 2012 18:21:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115001 In related-party import transactions, transaction value remains acceptable unless the Revenue proves that the relationship influenced price. Contemporaneous supplies to other group entities at the same price supported the declared value, and marketing or distribution functions alone did not justify rejection. A 25% loading based on a smaller comparable import was also unsustainable because proper quantity and commercial level adjustments were required under the valuation rules. The declared transaction value was therefore accepted for assessment and the enhancement of assessable value was set aside. Case-Laws Customs Thu, 25 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115001