https://www.taxtmi.com/caselaws?id=750866 CESTAT Hyderabad held that Customs cannot modify transaction value based on CRCL test reports when buyer-seller agreement specifies CIQ test reports as determinant. The tribunal ruled CRCL reports irrelevant to transaction value determination unless required for specific Customs purposes like determining goods' nature or exemption eligibility. Additionally, USD 10 per MT commission paid by buyer to agent cannot be added as additional consideration for sale to export price. If additional consideration exists, proper procedure requires rejecting transaction value and redetermining under sequential rules, not adding amounts. Appeal allowed favoring exporter. en-us Mon, 01 Apr 2024 00:00:00 +0530 Thu, 16 May 2024 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750866 CESTAT Hyderabad held that Customs cannot modify transaction value based on CRCL test reports when buyer-seller agreement specifies CIQ test reports as determinant. The tribunal ruled CRCL reports irrelevant to transaction value determination unless required for specific Customs purposes like determining goods' nature or exemption eligibility. Additionally, USD 10 per MT commission paid by buyer to agent cannot be added as additional consideration for sale to export price. If additional consideration exists, proper procedure requires rejecting transaction value and redetermining under sequential rules, not adding amounts. Appeal allowed favoring exporter. Case-Laws Customs Mon, 01 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750866