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Customs - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Valuation - substantial markup in the supply of goods - There ...


Court Overturns Demand Due to Lack of Evidence on Party Relationship Influencing Goods Valuation in Sale Conditions.

October 16, 2019

Case Laws     Customs     AT

Valuation - substantial markup in the supply of goods - There are no evidence of the relationship having impacted the conditions of sale or that the relationship itself had been suppressed to mislead the assessing authority. - Demand set aside.

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