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2016 (3) TMI 187 - AT - CustomsRefund claim - Loading of transaction value at 12.5% in terms of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 - Appellant imported branded watches under a Distributorship Agreement from the foreign supplier which are related parties in terms of Rule 2(2) ibid, therefore the goods are assessed by the Special Valuation Branch (SVB) which rejected the transaction value and determined loading of transaction value at 12.5% in terms of the Customs Valuation Rules - Held that: loading of 12.5% do not sustain under Rule 4 of Customs Valuation Rules, 2007. - Decided in favour of the appellant
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