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2018 (2) TMI 1065 - AT - CustomsValuation - related party transaction - loading of invoice value - adjudicating authority took the view that this profit margin was extremely low in comparison to the profit margin recorded by Apple, Ireland - Held that: - there is absolutely no justification to load the value of goods imported from Singapore on the basis of the profit margin of the Ireland unit. The transaction value between the foreign supplier and the respondent has been consistently accepted by the SVB and has been periodically renewed - transaction value must be accepted - appeal dismissed - decided against Revenue.
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