https://www.taxtmi.com/caselaws?id=52010 Customs transaction value must be accepted under Rule 4 unless there is a valid reason to doubt that the declared price represents the full commercial value. Higher prices in contemporaneous imports do not, by themselves, justify rejecting the declared value or enhancing assessable value. Price differences arising from contracted quantities may reflect normal commercial practice where the explanation is not shown to be false or unsupported. Accordingly, enhancement based solely on higher contemporaneous import prices is unsustainable. en-us Thu, 17 Jul 2003 00:00:00 +0530 Wed, 29 Sep 2010 17:32:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52010 Customs transaction value must be accepted under Rule 4 unless there is a valid reason to doubt that the declared price represents the full commercial value. Higher prices in contemporaneous imports do not, by themselves, justify rejecting the declared value or enhancing assessable value. Price differences arising from contracted quantities may reflect normal commercial practice where the explanation is not shown to be false or unsupported. Accordingly, enhancement based solely on higher contemporaneous import prices is unsustainable. Case-Laws Customs Thu, 17 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52010