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2012 (5) TMI 532 - CESTAT, MUMBAIValuation charge - Held that:- The Commissioner (Appeals) has made a reference of the agreement which clearly explicit that the appellants are at liberty to procure components, parts and accessories from abroad or within India subject to certain specification and approval from their foreign collaborators - As per the impugned order and the agreement there is no restrictions for procuring components, parts/accessories on the appellant. Therefore, the only condition is for the standard and specification of the said components and parts. This condition does not effect the value of the imported goods - price of the imported goods are not affected by the related person. Therefore, we do not find any infirmity with the impugned order and we do not find any reason to interfere with the same - Decided against Revenue.
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