1996 (12) TMI 169

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....j, SDR, for the Respondent. [Order per : T.P. Nambiar, Member (J)]. -  The present appeal is filed against the order passed by the Commissioner of Customs, Madras wherein he enhanced the price of I.V. Cannulae from US $ .35 to .40 US $ per piece. The case of the department is that they got the price from the manufacturer's Calcutta Office wherein the price is shown as .40 US $ for India....

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.... referred us to the order placed by the agent Ohri International Trading Company EST dated 18 July, 1996 which goes to show that the price at which they purchased the goods is .32 US $ per piece. This quantity which was purchased by them was sold to the appellants after adding their profit margin. This price is mentioned in the invoice. He therefore, stated that this price of the appellants is to ....

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....ated 18-7-1996 which has quoted the price of .32 US $ per piece for Venflon 16G, 18G, 20G, and 22G for quantities of 10,000, 1,25,000, 2,15,000 and 2,00,000 respectively. The appellants have been supplied the very same goods by adding the profit margin of M/s. Ohri International Trading Company EST at .35 US $ per piece. This reduced price compared to the price indicated in the manufacturer's pric....