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Dated: 21.05.2022

SVB Proceedings in a “Related Party Transactions” (CVR, 2007)- Customs Loses Appeal at CESTAT New Delhi

 

In a major relief to an Importer, the Principal bench of CESTAT, New Delhi has Rejected the Order in Original issued by the Commissioner (Appeals), Delhi Air Customs, passing an order at the plea filed by the Importer against the OIO passed by Commissioner (Appeals), instructing the SVB division to re-determine the adjustment, if any, in the transaction value on the basis of deductive value and computed value.

 

Download the Case History Below given Link:

CESTAT New Delhi-Lutron Gl Sales &Amp Services Pvt vs CC New Delhi 2020

 

 

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  1. Winomechanic Pvt Ltd, Chennai
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  6. Guangzhou Xiongli Battery Co, Ltd, China
  7. Shanutec Shanghai Electronic Technology Co, Ltd, China

 

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  1. The views are of the Author based on his/her interpretation of the relevant information/documents, applicable law, and government policy and there is no assurance that a court or tribunal or regulatory body or other governmental authority may not interpret it differently.
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