https://www.taxtmi.com/caselaws?id=264588 Declared import value of goods from a related foreign supplier could not be rejected on the basis of relationship alone or on a blanket 55% enhancement derived from prices charged to unrelated buyers. The valuation exercise had to follow the prescribed sequential rules and account for relevant commercial differences, including commission and after-sales servicing. The adjudication was criticised as non-speaking because it did not explain the basis for the uniform uplift or why the price gap was treated as consistent across imports. On the record, the rejection of declared value and proposed enhancement were not sustainable, and the relief granted to the importer was upheld. en-us Mon, 07 Sep 2015 00:00:00 +0530 Thu, 07 Jan 2016 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264588 Declared import value of goods from a related foreign supplier could not be rejected on the basis of relationship alone or on a blanket 55% enhancement derived from prices charged to unrelated buyers. The valuation exercise had to follow the prescribed sequential rules and account for relevant commercial differences, including commission and after-sales servicing. The adjudication was criticised as non-speaking because it did not explain the basis for the uniform uplift or why the price gap was treated as consistent across imports. On the record, the rejection of declared value and proposed enhancement were not sustainable, and the relief granted to the importer was upheld. Case-Laws Customs Mon, 07 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264588