https://www.taxtmi.com/caselaws?id=336560 The Tribunal upheld the first appellate authority's decision to set aside the enhancement of the imported goods' value by 20%. It found no substantial evidence supporting a relationship between the importer and the supplier influencing the price, emphasizing that mere equity participation does not establish such a relationship. Citing legal precedents, the Tribunal concluded that the impugned order was legally sound and free from defects, ultimately rejecting the Revenue's appeal. en-us Thu, 28 Apr 2016 00:00:00 +0530 Sat, 24 Dec 2016 07:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336560 The Tribunal upheld the first appellate authority's decision to set aside the enhancement of the imported goods' value by 20%. It found no substantial evidence supporting a relationship between the importer and the supplier influencing the price, emphasizing that mere equity participation does not establish such a relationship. Citing legal precedents, the Tribunal concluded that the impugned order was legally sound and free from defects, ultimately rejecting the Revenue's appeal. Case-Laws Customs Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336560