https://www.taxtmi.com/forum/issue?id=117577 Declared transaction value above book value may still be accepted under transaction value principles and Rule 3(2) if relationship did not influence price, with the departmental burden of proof to displace declared value; nevertheless, over-valuation risks denial of export incentives or duty drawback, potential confiscation consequences (limited if goods already exported), and FEMA scrutiny, so deliberate over-valuation should be avoided. en-us Sun, 17 Oct 2021 19:09:15 +0530 Thu, 23 Jan 2025 15:54:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117577 Declared transaction value above book value may still be accepted under transaction value principles and Rule 3(2) if relationship did not influence price, with the departmental burden of proof to displace declared value; nevertheless, over-valuation risks denial of export incentives or duty drawback, potential confiscation consequences (limited if goods already exported), and FEMA scrutiny, so deliberate over-valuation should be avoided. Discussion-Forum Customs Sun, 17 Oct 2021 19:09:15 +0530 https://www.taxtmi.com/forum/issue?id=117577