https://www.taxtmi.com/caselaws?id=787673 Declared transaction value cannot be replaced by the special valuation mechanism merely because the buyer and seller are inter-connected undertakings. The Revenue must also prove that the invoice price was actually influenced or that the statutory conditions for departure from transaction value are otherwise satisfied. On the facts noted, the record did not show mutuality of interest, commercial influence on price, or any substantial undervaluation in the cost and transaction data. The revenue-neutral character of the arrangement further supported acceptance of the declared value. en-us Thu, 22 Jan 2026 00:00:00 +0530 Wed, 11 Mar 2026 08:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787673 Declared transaction value cannot be replaced by the special valuation mechanism merely because the buyer and seller are inter-connected undertakings. The Revenue must also prove that the invoice price was actually influenced or that the statutory conditions for departure from transaction value are otherwise satisfied. On the facts noted, the record did not show mutuality of interest, commercial influence on price, or any substantial undervaluation in the cost and transaction data. The revenue-neutral character of the arrangement further supported acceptance of the declared value. Case-Laws Central Excise Thu, 22 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787673