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 appeals arise out of order-in-original no. MUN-CUSTM-000-COM-13-19-20 dated 30.12.2019 passed by the Principal Commissioner of Customs, AP & SEZ Mundra. The details of duty demand confirmed and penalty imposed are shown in the tables below:

M/s. NPT Papers Pvt Ltd (NPT)

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