https://www.taxtmi.com/caselaws?id=52475 Declared import value supported by the manufacturer's invoice cannot be discarded merely because contemporaneous imports of the same goods show higher prices. Under the Customs Valuation Rules, transaction value may be rejected only when the statutory grounds for rejection are established; mere reliance on other invoices is insufficient. On the stated facts, the declared transaction value was not sustainable to reject, and the importer's valuation position prevailed. en-us Fri, 21 Nov 2003 00:00:00 +0530 Wed, 06 Oct 2010 10:33:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52475 Declared import value supported by the manufacturer's invoice cannot be discarded merely because contemporaneous imports of the same goods show higher prices. Under the Customs Valuation Rules, transaction value may be rejected only when the statutory grounds for rejection are established; mere reliance on other invoices is insufficient. On the stated facts, the declared transaction value was not sustainable to reject, and the importer's valuation position prevailed. Case-Laws Customs Fri, 21 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52475