TMI Blog2018 (6) TMI 390X X X X Extracts X X X X X X X X Extracts X X X X ..... - Held that:- It is seen that there is no charges to the effect that the foreign supplier and the Indian importer are related. The only charge in the proceedings is that the Indian importer is related to the intermediary through whom the goods are supplied to DESU - the same cannot be a reason for rejecting the transaction value and consequently application of Customs Valuation Rules for revision ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... kchand Bhatia, Kum. Sundri Trilockchand Bhatia. All are members of the same family. M/s Degmark Engineering Corporation is also a partnership firm and the business activities are identical to those of M/s Flow Fast Engineers(I). Partners are Shri Ashok Trilokchand Bhatia, (brother of partner s of M/s Flow Fast Engineers (I)), Smt. Sarawswati Trilokchand Bhatia, mother of Shri Ashok Bhatia and the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the same family, it holds that both M/s Degmak Engineering Corporation and M/s Flow Fast Engineering (India) are related. He pointed out that the declared value for the purpose of import has been rejected on the ground that two, namely, M/s Degmak Engineering Corporation and M/s Flow Fast Engineers (India) are related persons. He argued that even if the two are related, the transaction value f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4. We have gone through the rival submissions. The appeal of Late Shri Ashok T. Bhatia abates in view of Rule 22 of the CESTAT (Procedure) Rules, 1982. 5. We find that the declared value for the purpose of import has been rejected on the ground that M/s Degmak Engineering Corporation and M/s Flow Fast Engineers (India) are related. It is seen that there is no charges to the effect that the for ..... X X X X Extracts X X X X X X X X Extracts X X X X
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