https://www.taxtmi.com/caselaws?id=211266 Declared import value may be rejected where the importer and foreign supplier are related and the pricing arrangement is not shown to be an arm's length commercial sale. In such a case, the assessable value can be determined by comparison with prices charged to unrelated buyers under the Customs Valuation Rules, 1988, with an appropriate commercial level adjustment. The 5% adjustment was upheld because the unrelated sales were at actual user level, while the importer operated at distributor level, and the comparative discounts did not justify acceptance of the declared transaction value. en-us Wed, 07 Sep 2011 00:00:00 +0530 Wed, 06 Nov 2013 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211266 Declared import value may be rejected where the importer and foreign supplier are related and the pricing arrangement is not shown to be an arm's length commercial sale. In such a case, the assessable value can be determined by comparison with prices charged to unrelated buyers under the Customs Valuation Rules, 1988, with an appropriate commercial level adjustment. The 5% adjustment was upheld because the unrelated sales were at actual user level, while the importer operated at distributor level, and the comparative discounts did not justify acceptance of the declared transaction value. Case-Laws Customs Wed, 07 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211266