Customs Duty Adjustment Unnecessary: Assessee Proves Comparables and Profit Margin Exceed Arm's Length Requirement.

Customs Duty Adjustment Unnecessary: Assessee Proves Comparables and Profit Margin Exceed Arm's Length Requirement. https://www.taxtmi.com/highlights?id=33957 TPA - Adjustment of customs duty - Since, the assessee himself claimed that selected comparables and worked out the gross profit margin was more than at arm’s length, we do not find any reason to make adjustment towards the customs duty. - AT en-us Fri, 24 Mar 2017 12:42:08 +0530 Fri, 24 Mar 2017 12:42:08 +0530 TaxTMI RSS Generator Customs Duty Adjustment Unnecessary: Assessee Proves Comparables and Profit Margin Exceed Arm's Length Requirement. https://www.taxtmi.com/highlights?id=33957 TPA - Adjustment of customs duty - Since, the assessee himself claimed that selected comparables and worked out the gross profit margin was more than at arm’s length, we do not find any reason to make adjustment towards the customs duty. - AT Highlights Income Tax Fri, 24 Mar 2017 12:42:08 +0530 https://www.taxtmi.com/highlights?id=33957