https://www.taxtmi.com/caselaws?id=425282 Dispute concerns alleged over-valuation of imports for power projects and permissibility of intermediary invoicing; tribunal found absence of admissible evidence from foreign banks and no challenge to authorization for signatory, so relationship between procurer and intermediary was not established, resulting in rejection of reliance on intermediary payment flows. Contractual documents constituted an EPC turnkey contract with lump-sum project pricing, and imports fell under project import registration (PIR) permitting assessment of project imports as a whole; declared transaction value was accepted under the valuation rules and redetermination under comparative value provisions was inappropriate. Incomplete investigation and inadmissible documents precluded revaluation and confiscation, appeal dismissed. en-us Mon, 18 Jul 2022 00:00:00 +0530 Tue, 20 Jan 2026 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425282 Dispute concerns alleged over-valuation of imports for power projects and permissibility of intermediary invoicing; tribunal found absence of admissible evidence from foreign banks and no challenge to authorization for signatory, so relationship between procurer and intermediary was not established, resulting in rejection of reliance on intermediary payment flows. Contractual documents constituted an EPC turnkey contract with lump-sum project pricing, and imports fell under project import registration (PIR) permitting assessment of project imports as a whole; declared transaction value was accepted under the valuation rules and redetermination under comparative value provisions was inappropriate. Incomplete investigation and inadmissible documents precluded revaluation and confiscation, appeal dismissed. Case-Laws Customs Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425282