https://www.taxtmi.com/caselaws?id=361563 Declared transaction value of imported goods cannot be rejected merely because the Indian importer is related to an intermediary through whom the goods reach the ultimate buyer. Rejection of customs valuation requires the essential legal basis that the foreign supplier and the importer are related, and that premise was absent here. A relationship only between the importer and the intermediary was insufficient to displace the declared value or to substitute the intermediary's onward sale price as the assessable value. The declared transaction value was therefore held unsustainable for rejection on that ground, and reassessment on that basis was not justified. en-us Tue, 06 Mar 2018 00:00:00 +0530 Thu, 17 Jan 2019 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361563 Declared transaction value of imported goods cannot be rejected merely because the Indian importer is related to an intermediary through whom the goods reach the ultimate buyer. Rejection of customs valuation requires the essential legal basis that the foreign supplier and the importer are related, and that premise was absent here. A relationship only between the importer and the intermediary was insufficient to displace the declared value or to substitute the intermediary's onward sale price as the assessable value. The declared transaction value was therefore held unsustainable for rejection on that ground, and reassessment on that basis was not justified. Case-Laws Customs Tue, 06 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361563