2004 (6) TMI 348 - AT - Customs

Summary

The Appellate Tribunal CESTAT, Mumbai upheld the Commissioner of Customs (Appeals) decision that a special discount of 12% to original equipment manufacturers is not deductible under Customs Valuation Rules and must be added to the declared value for Customs valuation. The appeal was rejected as the discount was subject to the condition that goods were used by original equipment manufacturers, making it ineligible for deduction.