Transaction value cannot be rejected merely on the grounds that transaction is between the related persons

NPT Papers Pvt Ltd  Vs C.C. Mundra (CESTAT Ahmedabad)

It is well settled law that even if the foreign suppliers are related to indian importers the transaction value cannot be rejected on the grounds that a transaction is between the related person when identical or similar goods were sold at the same price to unrelated parties.

FULL TEXT OF THE CESTAT AHMEDABAD ORDER

These six appea

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