2009 (9) TMI 941 - SCH - Customs

Valuation - related person - the decision in the case of MODI SENATOR (I) PVT. LTD. Versus CC. (IMPORTS & GENERAL), NEW DELHI 2009 (3) TMI 808 - CESTAT, NEW DELHI contested, where it was held that mere holding of shares by one party with proportional nominee Directors in the other company is not amounting to relationship to disqualify the transaction price - Held that - the decision in the above case upheld - appeal dismissed - decided against Revenue.