RPM is most appropriate method when goods are purchased from AE and sold in same condition

PCIT Vs Burberry India Pvt. Ltd. (Delhi High Court) Delhi High Court held that Resale Price Method (RPM) is the most appropriate method when reseller imports goods from its Associated Enterprise (AE) and the goods are sold in the same condition without any value addition. Facts- The present appeal has been preferred by the revenue. The controversy involved in the present appeal relates to the most appropriate method required to be used for benchmarking the international transaction entered by the assessee for determining the Arms Length Price (ALP). Tribunal held that the Resale Price Method (...