https://www.taxtmi.com/caselaws?id=170033 The Tribunal allowed the appeal by M/s. Strapex India Ltd., overturning the Order-in-Appeal upholding an assessment order based on related party pricing concerns. The Tribunal accepted the appellant's declared value as the transaction value for import purposes, emphasizing the need for adjustments in related party sales in accordance with Customs Valuation Rules and legal precedents. The decision highlights the importance of fair and accurate valuation of imported goods in related party pricing disputes, granting consequential relief to the appellant. en-us Thu, 25 Sep 2014 00:00:00 +0530 Wed, 13 May 2015 18:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170033 The Tribunal allowed the appeal by M/s. Strapex India Ltd., overturning the Order-in-Appeal upholding an assessment order based on related party pricing concerns. The Tribunal accepted the appellant's declared value as the transaction value for import purposes, emphasizing the need for adjustments in related party sales in accordance with Customs Valuation Rules and legal precedents. The decision highlights the importance of fair and accurate valuation of imported goods in related party pricing disputes, granting consequential relief to the appellant. Case-Laws Customs Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170033