https://www.taxtmi.com/caselaws?id=78729 SC held that intangible ideas become dutiable goods when embodied on a medium (drawings, diskettes, manuals), so such imported technical material is liable to customs duty. Reserve Bank permission treating payments as for services does not override Customs/Tariff law. Transaction value under the Customs Valuation Rules governs assessment (not the full contract price); tribunals' practice of using about one-third of contract value to estimate transaction value was endorsed where appropriate. Wilful undervaluation permits invocation of the five-year proviso for issuing show-cause notices. Importers, not couriers, are liable and Chapter 98 classification was properly applied. en-us Thu, 25 Jan 2001 00:00:00 +0530 Mon, 06 Oct 2025 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78729 SC held that intangible ideas become dutiable goods when embodied on a medium (drawings, diskettes, manuals), so such imported technical material is liable to customs duty. Reserve Bank permission treating payments as for services does not override Customs/Tariff law. Transaction value under the Customs Valuation Rules governs assessment (not the full contract price); tribunals' practice of using about one-third of contract value to estimate transaction value was endorsed where appropriate. Wilful undervaluation permits invocation of the five-year proviso for issuing show-cause notices. Importers, not couriers, are liable and Chapter 98 classification was properly applied. Case-Laws Customs Thu, 25 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78729