Transaction value - Valuation (Customs) - Special or abnormal...

Transaction value - Valuation (Customs) - Special or abnormal discount to the related buyers which were in excess of 3% discount - The Appellate Tribunal observed that the discounts were not deemed exclusive to related parties, and thus did not influence the transaction value. The Tribunal found that the department failed to provide concrete reasons to discard the declared transaction value. The arguments against accepting the transaction value were based on conjecture and lacked factual substantiation. In conclusion, the Tribunal set aside the impugned order, stating that the appellant had successfully proven that the declared price reflected the true transaction value.

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