Transaction value: Recourse to Rules
A.Where value cannot be determined u/s 15(1), i.e., when:
1.Price is not the sole consideration
2.Supplier-recipient are related persons: Recourse to Rules even if the Supplier-Recipient relationship:
- Did not influence the price;
- Precedes agreement to the supply;
- Has no bearing on pricing;
- Has no bearing on Agreement to the Supply;
- Has no relevance to the Supply;
- Was to meet with different criteria or purpose;
(Rules will apply both ways – supplier to recipient and recipient to supplier)
B.In case of notified supplies