https://www.taxtmi.com/caselaws?id=117848 Customs authorities could not reject the declared transaction value of imported overlay tissue paper merely because another import reflected a higher price. The supplier's explanation that the goods differed in quality, gsm and source mills provided a commercial basis for the price variation, and no contrary material was produced to discredit that explanation or show that the declared price was not genuine. Mere price difference between two transactions was therefore insufficient to discard the transaction value. The declared value had to be accepted for assessment, and consequential relief followed. en-us Fri, 26 May 2006 00:00:00 +0530 Tue, 26 Jun 2012 18:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117848 Customs authorities could not reject the declared transaction value of imported overlay tissue paper merely because another import reflected a higher price. The supplier's explanation that the goods differed in quality, gsm and source mills provided a commercial basis for the price variation, and no contrary material was produced to discredit that explanation or show that the declared price was not genuine. Mere price difference between two transactions was therefore insufficient to discard the transaction value. The declared value had to be accepted for assessment, and consequential relief followed. Case-Laws Customs Fri, 26 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117848