https://www.taxtmi.com/caselaws?id=795576 Customs transaction value may be rejected where related-party dealings, non-disclosure of the relationship, and recovered supplier documents create reasonable doubt about the declared price under Rule 10A. Once rejected, valuation must move sequentially through prescribed methods, with the basis identified for each bill of entry and category of goods. The residual method cannot rely on domestic sale prices, impermissible foreign prices, or arbitrary average loading where relevant contemporaneous import or sales data are available. The notes also state that differential duty may be supported by genuine supplier invoices recovered during investigation. Penalties under Sections 112 and 114A cannot be imposed cumulatively because the provisions are mutually exclusive. en-us Tue, 23 Jun 2026 00:00:00 +0530 Fri, 24 Jul 2026 08:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795576 Customs transaction value may be rejected where related-party dealings, non-disclosure of the relationship, and recovered supplier documents create reasonable doubt about the declared price under Rule 10A. Once rejected, valuation must move sequentially through prescribed methods, with the basis identified for each bill of entry and category of goods. The residual method cannot rely on domestic sale prices, impermissible foreign prices, or arbitrary average loading where relevant contemporaneous import or sales data are available. The notes also state that differential duty may be supported by genuine supplier invoices recovered during investigation. Penalties under Sections 112 and 114A cannot be imposed cumulatively because the provisions are mutually exclusive. Case-Laws Customs Tue, 23 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795576