Article

Beckhoff Automation Private Limited applied to CAAR Mumbai on August 5, 2025, for an advance ruling on pricing for goods imported from Beckhoff Automation GmbH & Co. KG, Germany. The applicant suggested modifying its pricing formula to include a 'Country Multiplier' to address market conditions.

The jurisdictional Commissioner of Customs noted that the issue pertains to the valuation of imports from a related party and recommended referral to the SVB. The applicant maintained that their pricing method adheres to the arm's length principle as per Section 14 of the Customs Act, 1962. A personal hearing on November 14, 2025, reinforced the applicant's stance that their relationship with the overseas entity does not impact pricing.