https://www.taxtmi.com/caselaws?id=758299 Declared customs value cannot be enhanced solely on NIDB data or contemporaneous import references without legally sustainable evidence that the invoice price is not the price actually paid or payable. Comparable imports require assessment of origin, quantity, quality and commercial conditions; absent evidence of extra payment, related-party influence or other grounds for rejection, the transaction value remains acceptable. Motor controllers performing starting, stopping, directional and speed-control functions for electric motors fall under Heading 8503 where no reliable evidence establishes that they are solely or principally motor-vehicle parts. Classification depends on principal function and proven essential character, not assumed alternative use. en-us Wed, 07 Aug 2024 00:00:00 +0530 Wed, 11 Sep 2024 20:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758299 Declared customs value cannot be enhanced solely on NIDB data or contemporaneous import references without legally sustainable evidence that the invoice price is not the price actually paid or payable. Comparable imports require assessment of origin, quantity, quality and commercial conditions; absent evidence of extra payment, related-party influence or other grounds for rejection, the transaction value remains acceptable. Motor controllers performing starting, stopping, directional and speed-control functions for electric motors fall under Heading 8503 where no reliable evidence establishes that they are solely or principally motor-vehicle parts. Classification depends on principal function and proven essential character, not assumed alternative use. Case-Laws Customs Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758299