In Brief
The Supreme Court examined whether customs authorities correctly imposed differential duty on imported lighting products allegedly sourced from a related party. The appellant argued that since identical or similar goods were available from independent suppliers, their prices should have been used to determine valuation. The Court held that the brand names 'Diyas' and 'mAntra' were not exclusive trademarks justifying exclusive reliance on the related party's pricing. Where comparable goods from unrelated suppliers are available with appropriate adjustments, customs authorities must consider such data before unilaterally determining transactional value. The appeals were allowed.",
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