https://www.taxtmi.com/highlights?id=97066 CESTAT considered whether payments to a foreign supplier's local agent and linked product support/service payments form part of assessable transaction value under the Customs Valuation Rules, applying the transaction value and arm's length principles and Rule 9(1)(e). The tribunal upheld the adjudicating authority's factual findings on valuation and declined Revenue's challenge for lack of fresh specifics, while exercising discretion under the Customs Act to substantially reduce the penalty under the discretionary penalty provision given mitigating factors including ongoing Supreme Court litigation and public sector status; appeal by Revenue dismissed and importer appeal partly allowed. en-us Sat, 21 Feb 2026 12:02:54 +0530 Sat, 21 Feb 2026 12:02:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97066 CESTAT considered whether payments to a foreign supplier's local agent and linked product support/service payments form part of assessable transaction value under the Customs Valuation Rules, applying the transaction value and arm's length principles and Rule 9(1)(e). The tribunal upheld the adjudicating authority's factual findings on valuation and declined Revenue's challenge for lack of fresh specifics, while exercising discretion under the Customs Act to substantially reduce the penalty under the discretionary penalty provision given mitigating factors including ongoing Supreme Court litigation and public sector status; appeal by Revenue dismissed and importer appeal partly allowed. Highlights Customs Sat, 21 Feb 2026 12:02:54 +0530 https://www.taxtmi.com/highlights?id=97066