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2016 (12) TMI 1205 - AT - CustomsWhether the first appellate authority has erred in coming to such a conclusion in enhancement of the value holding the supplier and the respondent-assessee as related person is wrong? - Held that: - it can be seen from the findings of the first appellate authority that there is no equity participation to the tune as had been recorded by the adjudicating authority. There is absolutely nothing on the record that findings of the first appellate authority were erroneous, we agree with the findings recorded by the first appellate authority that just because there is an equity participation in the importer-respondent company, it cannot be held that importer and supplier are related person - appeal rejected - decided against Revenue-appellant.
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