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2014 (12) TMI 108 - CESTAT MUMBAIValuation of goods - Enhancement of valuation - Held that:- Foreign supply is having uniform policy wherein the buyers from their foreign supplier are getting some rate of discount and we have inspected the invoice issued to Brazil and Italy where some rate of discount of 65% given on the price list. Further in precedent case where foreign supplier was having holding 35% of the equity are also getting 65% discount clearing policy on list price and the same has been accepted by the Revenue. Therefore we hold that in this case the transaction value declared by the appellant is not influenced being related person and the transaction value is the correct assessable value. - Decided in favour of assessee.
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