Home Case Index All Cases Customs Customs + AT Customs - 2017 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (1) TMI 204 - CESTAT MUMBAIValuation of imported goods - related party transaction - Rule 9(1) (c) of Customs Valuation Rules, 1988 - Held that: - Adjudicating authority in the order-in-original has categorically recorded that the holding of 60% of the shares in the appellant Company by the foreign Company has not influenced the price/value of the imported goods. First appellate authority has not recorded the detailed findings as to how the price has been influenced due to the relationship between the foreign supplier and appellant - the impugned order is short of detailed reasoning and needs to be set aside - an opportunity extended to the first appellate authority to record detailed findings on the issue - appeal disposed off by way of remand.
|