https://www.taxtmi.com/caselaws?id=449945 Declared transaction value under the Customs Valuation Rules cannot be rejected merely because buyer and seller are related or because discounts are shown, if the proper officer lacks reasonable doubt supported by evidence that the relationship influenced price; here, marginal price variation, worldwide pricing consistency and no evidence of flow-back meant rejection was unjustified. Royalty is includible in assessable value only where it is linked to the imported goods and forms a condition of their sale; here, the royalty related to technology used in Indian manufacture, not to the imported finished goods, so it was not includible. The valuation rejection and royalty addition were therefore unsustainable. en-us Fri, 16 Feb 2024 00:00:00 +0530 Fri, 23 Feb 2024 07:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449945 Declared transaction value under the Customs Valuation Rules cannot be rejected merely because buyer and seller are related or because discounts are shown, if the proper officer lacks reasonable doubt supported by evidence that the relationship influenced price; here, marginal price variation, worldwide pricing consistency and no evidence of flow-back meant rejection was unjustified. Royalty is includible in assessable value only where it is linked to the imported goods and forms a condition of their sale; here, the royalty related to technology used in Indian manufacture, not to the imported finished goods, so it was not includible. The valuation rejection and royalty addition were therefore unsustainable. Case-Laws Customs Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449945