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2007 (8) TMI 568 - AT - CustomsValuation - Contemporaneous import - price variation clause - Palm Acid Oil - Held that: - In the present case, there is no specific evidence on record which brings out that the transaction between the appellant importer and its foreign suppliers located in Malaysia and Indonesia had been influenced by any non-commercial considerations and that invoiced prices did not reflect or reveal the real transaction values. The legal position is clear that transaction value shall be accepted for valuation - appeal allowed.
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