Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2004 (7) TMI 566

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Respondent. [Order per : T. Anjaneyulu, Member (J)]. - Heard both sides. The issue pertains to determination of assessable value of goods imported by M/s. Tata Yutaka Autocomp Ltd., Pune, from M/s. Yutaka Giken Co. Ltd., Japan, under Section 14(1) of the Customs Act, 1962 read with Customs Valuation (Determination of Price of Imported Goods) Rules, 1988. TYAL imported automobile parts and file .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e 4(3)(a) of Customs Valuation Rules, 1988 makes it very clear that even in case of related party transactions if the price charged on the imported items is adequate to ensure the recovery of all costs plus profit that would demonstrate that the price is not influenced as the amount paid towards cost of design and development, fabrication or testing of proto types to be paid by the appellant to YG .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates