Assessable value would be the transaction value where it isn’t influenced by the relationship between the buyer and the seller


Last updated: 21 December 2015

Court :
CESTAT, Mumbai

Brief :
Hon’ble Tribunal held there is no reason to differentiate between the cars imported under Carnet and the cars imported otherwise. Valuation under Section 14 of the Customs Act clearly provides that the value shall be the transaction value where the buyer and seller are not related.

Citation :
​Dailmer Chrysler India Pvt. Ltd. Vs. Commissioner of Customs, New Delhi

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 
Join CCI Pro

Bimal Jain
Published in Custom
Views : 2548
Share Report Abuse


Comments

CAclubindia's WhatsApp Groups Link


Other Latest Judgments

View More Judgments »


CCI Pro

Trending Online Classes

view all classess

Browse by Category