https://www.taxtmi.com/caselaws?id=1997 Transaction value under Rule 4 of the Customs Valuation Rules may be accepted for imports from a related foreign supplier where contemporaneous market comparisons show no price distortion; the invoice values of Vestolite E-7033 and Jeffamine D-2000 were accepted. Rule 7(3) does not apply to imported inputs that lose their identity during manufacture, because it is limited to goods sold as such or after further processing; the remaining raw materials were therefore directed to be valued under the residual Rule 8 method, with contemporaneous evidence of identical or similar imports permitted. Declared values of coating solutions and primers were also accepted because trade data showed lower comparable import prices. en-us Fri, 09 Mar 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1997 Transaction value under Rule 4 of the Customs Valuation Rules may be accepted for imports from a related foreign supplier where contemporaneous market comparisons show no price distortion; the invoice values of Vestolite E-7033 and Jeffamine D-2000 were accepted. Rule 7(3) does not apply to imported inputs that lose their identity during manufacture, because it is limited to goods sold as such or after further processing; the remaining raw materials were therefore directed to be valued under the residual Rule 8 method, with contemporaneous evidence of identical or similar imports permitted. Declared values of coating solutions and primers were also accepted because trade data showed lower comparable import prices. Case-Laws Customs Fri, 09 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1997