https://www.taxtmi.com/caselaws?id=126231 Customs valuation under Rule 6 may use comparable imports as similar goods where the goods are substantially alike in characteristics, reputation, trade mark, commercial interchangeability and other relevant factors. For consumer products such as alcoholic beverages, retail price of the final bottled product may be used as an additional indicator to identify comparable imported concentrates, and different brand names do not by themselves defeat similarity. Where the comparable imports and the assessee's imports are at different commercial levels or quantities, the valuation exercise must make evidence-based adjustments for quantity and retail-price differences. The assessable value must remain within the limits of the valuation framework and be reworked accordingly. en-us Wed, 25 Jun 2008 00:00:00 +0530 Sat, 03 Nov 2012 15:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126231 Customs valuation under Rule 6 may use comparable imports as similar goods where the goods are substantially alike in characteristics, reputation, trade mark, commercial interchangeability and other relevant factors. For consumer products such as alcoholic beverages, retail price of the final bottled product may be used as an additional indicator to identify comparable imported concentrates, and different brand names do not by themselves defeat similarity. Where the comparable imports and the assessee's imports are at different commercial levels or quantities, the valuation exercise must make evidence-based adjustments for quantity and retail-price differences. The assessable value must remain within the limits of the valuation framework and be reworked accordingly. Case-Laws Customs Wed, 25 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126231