Re-determination of transaction value based on Different Supplier’s Quotation Not Sustainable

MMM Overseas Pvt Ltd Vs Principal Commissioner of Customs (CESTAT Delhi) Revaluation Based on Different Supplier’s Quotation Not Sustainable CESTAT Delhi held that re-determination of transaction value merely on the basis of emails of quotations of different supplier cannot be sustained since there is absolutely no evidence for rejection of transaction value. Facts- The order dated 31.08.2020 passed by the Principal Commissioner of Customs adjudicating two show cause notices dated 28.09.2017 and 19.09.2019 has been assailed. The transaction value of the goods have been rejected under rul...