https://www.taxtmi.com/caselaws?id=248361 Declared transaction value for imports from a related foreign principal cannot be rejected merely because comparable third-party import prices are higher. The Customs Valuation Rules require positive evidence that the relationship influenced the price, or that additional consideration flowed back to the supplier. Where the importer supports the invoice price with cost sheets, original invoices and related records showing a cost plus method, and the price comparisons involve different commercial levels and quantities, the declared value remains acceptable. On those facts, valuation enhancement is not justified and the invoice price should be accepted. en-us Tue, 18 Dec 2012 00:00:00 +0530 Tue, 10 Jun 2014 14:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248361 Declared transaction value for imports from a related foreign principal cannot be rejected merely because comparable third-party import prices are higher. The Customs Valuation Rules require positive evidence that the relationship influenced the price, or that additional consideration flowed back to the supplier. Where the importer supports the invoice price with cost sheets, original invoices and related records showing a cost plus method, and the price comparisons involve different commercial levels and quantities, the declared value remains acceptable. On those facts, valuation enhancement is not justified and the invoice price should be accepted. Case-Laws Customs Tue, 18 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248361