https://www.taxtmi.com/caselaws?id=264930 The Tribunal found in favor of the appellant, a subsidiary of the supplier, in a dispute over the valuation of imported goods based on List price and related party transactions. The Tribunal criticized the lower authorities for not properly applying Valuation Rules and legal provisions, emphasizing the lack of evidence showing price influence due to the relationship between the supplier and importer. Additionally, the Tribunal ruled against the imposition of Extra Duty Deposit (EDD) post-2011, citing non-compliance with Customs Circular and ordering the appellant not to pay EDD from that year onwards. en-us Fri, 20 Mar 2015 00:00:00 +0530 Tue, 13 Oct 2015 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264930 The Tribunal found in favor of the appellant, a subsidiary of the supplier, in a dispute over the valuation of imported goods based on List price and related party transactions. The Tribunal criticized the lower authorities for not properly applying Valuation Rules and legal provisions, emphasizing the lack of evidence showing price influence due to the relationship between the supplier and importer. Additionally, the Tribunal ruled against the imposition of Extra Duty Deposit (EDD) post-2011, citing non-compliance with Customs Circular and ordering the appellant not to pay EDD from that year onwards. Case-Laws Customs Fri, 20 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264930