https://www.taxtmi.com/caselaws?id=115605 Related-party import valuation under the Customs Valuation Rules requires the importer to show that the relationship did not influence the declared price, or that the declared value closely approximates a valid test value. Acceptance depends on surrounding circumstances, pricing practice, and proof that the relationship did not affect value under Rule 4(3)(a), or on comparison with a benchmark value under Rule 4(3)(b). On the evidence, the claimed discount was unsupported by proof of additional responsibilities, risk transfer, cost recovery, or profit structure, and the declared value did not closely match the price charged to unrelated buyers. The declared transaction value was therefore rejected and comparable unrelated-sale pricing was upheld. en-us Tue, 06 Sep 2005 00:00:00 +0530 Thu, 31 May 2012 13:28:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115605 Related-party import valuation under the Customs Valuation Rules requires the importer to show that the relationship did not influence the declared price, or that the declared value closely approximates a valid test value. Acceptance depends on surrounding circumstances, pricing practice, and proof that the relationship did not affect value under Rule 4(3)(a), or on comparison with a benchmark value under Rule 4(3)(b). On the evidence, the claimed discount was unsupported by proof of additional responsibilities, risk transfer, cost recovery, or profit structure, and the declared value did not closely match the price charged to unrelated buyers. The declared transaction value was therefore rejected and comparable unrelated-sale pricing was upheld. Case-Laws Customs Tue, 06 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115605