2024 (2) TMI 742 - SCH - Customs

Valuation of imported goods - inclusion of discount in assessable value - related party transaction - it was held by CESTAT that In the light of the status of the appellant as exclusive commercial agent , the 25% discount enjoyed by them is reasonable and the same cannot be termed as abnormal discount - HELD THAT - There are no requirement to interfere with the impugned judgment and order passed by the High Court. Hence, the Civil Appeal is dismissed.

Summary

The Supreme Court dismissed the Civil Appeal and did not interfere with the impugned judgment and order passed by the High Court. Pending application(s) shall stand disposed of.