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2017 (2) TMI 756 - AT - CustomsValuation - related party transaction - rejection of transaction value - Held that: - the import price of 60 litres of lubricating oil as purchased from M/s. Kluber Lubrication India Pvt. Ltd. was sent to India at the same price at which the said products are sold in the market by Kluber Lubrication India Pvt. Ltd. - when the said import documents reveal that the goods have been procured from third party and the value declared is the value of the third party supplying the goods to Italian sister concern of the appellant, no question of rejection of transaction value arises - appeal allowed - decided in favor of appellant.
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