TMI Blog1995 (1) TMI 89X X X X Extracts X X X X X X X X Extracts X X X X ..... orted against their Licence No. P/S/1943043, dated 6-9-1983. The price of the goods imported, namely, TAM Brand Bearings No. 75 l I was US $ 1.80 CIF per piece. On the allegation that the goods of the same description had been imported by M/s. Ravi Agricultural Industries, Agra under Invoices Nos. FDN 849031, dated 4-6-1984 and FDN 849031-B, dated 24-8-1984 at a price of US $ 2.20 CIF per piece, t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he importers Against the said decision of the Assistant Collector, thc assessee preferred an appeal before the Tribunal. In the appeal, in addition to the correspondence which had already been produced on the record, the assessee also produced another invoice of a different supplier which showed that he had charged a price of US $ 1.80 CIF per piece from M/s. India Casting Co. The Tribunal, howeve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fore the pricc of US $ 1.80 CIF per piece was finalised. The first is a letter of 18-6-1984. In that letter the supplier has stated that : "We offer our last price at the rate of US $ 1.80 CIF BBY. Subject to a your purchase of total quantity of 49,670 pcs and no rebate is allowed." It was also stated in that letter that their principals were supplying the said commodity to them at US $ 1.69 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter considerable negotiations and was fixed after keeping in view that the importers were old and valued customers. It is not known whether the other importer, namely, M/s. Ravi Agricultural Industries had the same relationship. There is also no reason why the instance pointed out by the importer that the very same commodity had been supplied by another supplier at the same price of US $ 1.80 CIF ..... X X X X Extracts X X X X X X X X Extracts X X X X
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