https://www.taxtmi.com/caselaws?id=125669 Declared transaction value of imported goods could not be rejected merely because the importer and exporter were related parties. The department's comparison with an International Price List and imports by third-party EOUs was insufficient, as those imports involved actual users enjoying customs duty exemption and were made in far smaller quantities. The difference in commercial level, import volume, discounts granted to other subsidiaries, and the importer's administrative and post-import costs showed that a bare invoice comparison did not reflect the effective price. The declared transaction value was therefore accepted and rejection of value was unjustified. en-us Thu, 23 Oct 2008 00:00:00 +0530 Thu, 16 Nov 2023 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125669 Declared transaction value of imported goods could not be rejected merely because the importer and exporter were related parties. The department's comparison with an International Price List and imports by third-party EOUs was insufficient, as those imports involved actual users enjoying customs duty exemption and were made in far smaller quantities. The difference in commercial level, import volume, discounts granted to other subsidiaries, and the importer's administrative and post-import costs showed that a bare invoice comparison did not reflect the effective price. The declared transaction value was therefore accepted and rejection of value was unjustified. Case-Laws Customs Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125669