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Customs - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Valuation - related person - Rejection of transaction value at ...


Transaction Value Rejected; NIDB Data Not Mandatory, Lacks Evidence for Officer's Doubt Under Relevant Rules.

October 24, 2018

Case Laws     Customs     AT

Valuation - related person - Rejection of transaction value at the time of reviewing order - Since, NIDB data is not a mandatory requisite under the Rules, the same cannot be held to be a cogent evidence proving the reasonable doubt of the assessing officer.

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