https://www.taxtmi.com/caselaws?id=386397 Customs valuation of related-party imports requires reasoned evidence that the relationship influenced the declared price before transaction value can be rejected. Here, the ICIN price list and record showed changing commercial arrangements and discounted net pricing, but the authorities relied on an assumed discount ceiling and did not explain why the declared values were unacceptable or how the relationship distorted pricing. The appellate order also failed to address the core valuation issue independently. The impugned rejection was therefore set aside and the matter remitted for fresh consideration with a speaking decision on all relevant submissions and authorities. en-us Thu, 26 Sep 2019 00:00:00 +0530 Fri, 27 Sep 2019 07:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386397 Customs valuation of related-party imports requires reasoned evidence that the relationship influenced the declared price before transaction value can be rejected. Here, the ICIN price list and record showed changing commercial arrangements and discounted net pricing, but the authorities relied on an assumed discount ceiling and did not explain why the declared values were unacceptable or how the relationship distorted pricing. The appellate order also failed to address the core valuation issue independently. The impugned rejection was therefore set aside and the matter remitted for fresh consideration with a speaking decision on all relevant submissions and authorities. Case-Laws Customs Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386397