https://www.taxtmi.com/caselaws?id=774094 Related-party customs valuation requires acceptance of transaction value unless cogent evidence shows that the declared price is unacceptable or that the relationship influenced pricing. Invoice prices cannot be rejected merely on suspicion where prior SVB scrutiny accepted the pricing and no higher contemporaneous comparable imports or other undervaluation evidence exists. LME prices are spot-market indicators, not conclusive customs valuation evidence; without proof of royalty, technical know-how fees, flow back, or other price-influencing circumstances, they do not displace declared value. The declared assessable value was accepted, the remand was unsustainable, and the original acceptance of transaction value was restored. en-us Wed, 02 Jul 2025 00:00:00 +0530 Wed, 02 Jul 2025 13:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774094 Related-party customs valuation requires acceptance of transaction value unless cogent evidence shows that the declared price is unacceptable or that the relationship influenced pricing. Invoice prices cannot be rejected merely on suspicion where prior SVB scrutiny accepted the pricing and no higher contemporaneous comparable imports or other undervaluation evidence exists. LME prices are spot-market indicators, not conclusive customs valuation evidence; without proof of royalty, technical know-how fees, flow back, or other price-influencing circumstances, they do not displace declared value. The declared assessable value was accepted, the remand was unsustainable, and the original acceptance of transaction value was restored. Case-Laws Customs Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774094