https://www.taxtmi.com/caselaws?id=122455 Negotiated price for project-based imported goods routed through a distributor was accepted as transaction value under the Customs Valuation Rules, 1988, because the discount reflected the specific procurement structure and there was no evidence of additional consideration or flow back. The restriction that the goods be supplied to the identified project customer was not treated as a disqualifying restriction on disposition or use. The settlement application was also allowed, granting immunity from confiscation, fine in lieu thereof, penalty and prosecution, while interest relief was limited to simple interest at the specified rate due to delayed duty payment. en-us Mon, 16 Aug 2004 00:00:00 +0530 Mon, 13 Aug 2012 17:43:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122455 Negotiated price for project-based imported goods routed through a distributor was accepted as transaction value under the Customs Valuation Rules, 1988, because the discount reflected the specific procurement structure and there was no evidence of additional consideration or flow back. The restriction that the goods be supplied to the identified project customer was not treated as a disqualifying restriction on disposition or use. The settlement application was also allowed, granting immunity from confiscation, fine in lieu thereof, penalty and prosecution, while interest relief was limited to simple interest at the specified rate due to delayed duty payment. Case-Laws Customs Mon, 16 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122455