https://www.taxtmi.com/highlights?id=5976 Transaction value - Related person – The interpretation given by the original authority would amount to re-writing of Rule 2(2)(iv) to read that if the supplier has more than 5% of the shares in the importing company, then both would be deemed to be related. There is no warrant in law to do so. - AT en-us Fri, 02 Nov 2012 16:33:37 +0530 Fri, 02 Nov 2012 16:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=5976 Transaction value - Related person – The interpretation given by the original authority would amount to re-writing of Rule 2(2)(iv) to read that if the supplier has more than 5% of the shares in the importing company, then both would be deemed to be related. There is no warrant in law to do so. - AT Highlights Customs Fri, 02 Nov 2012 16:33:37 +0530 https://www.taxtmi.com/highlights?id=5976