https://www.taxtmi.com/caselaws?id=81228 The Tribunal upheld the loading of 2-1/2% on the invoice value for imports from a UK supplier, based on the relationship between the parties and past practice of charging a buying commission. The assessable value was determined by considering the mutual interest demonstrated by the UK supplier's shareholding in the appellants' equity capital. The plea of limitation under Section 28 of the Customs Act was rejected as the provisional assessment was withdrawn upon the final decision. Consequently, the appeal challenging the loading of values and assessable value interpretation was dismissed. en-us Fri, 08 Feb 1991 00:00:00 +0530 Thu, 23 Jun 2011 12:11:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81228 The Tribunal upheld the loading of 2-1/2% on the invoice value for imports from a UK supplier, based on the relationship between the parties and past practice of charging a buying commission. The assessable value was determined by considering the mutual interest demonstrated by the UK supplier's shareholding in the appellants' equity capital. The plea of limitation under Section 28 of the Customs Act was rejected as the provisional assessment was withdrawn upon the final decision. Consequently, the appeal challenging the loading of values and assessable value interpretation was dismissed. Case-Laws Central Excise Fri, 08 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81228