https://www.taxtmi.com/caselaws?id=92642 The Supreme Court upheld the lower authorities' decision and dismissed the appeal by the State Bank of India regarding the refund of custom duty paid on imported software. The Court ruled that the countrywide licensing fee was part of the transaction value subject to customs duty, as it was for the right to use the software and not for reproduction. The Court held that the fee did not qualify as reproduction charges exempt from customs duty under the relevant rules and press note. Consequently, SBI was not entitled to a refund, and the appeal was dismissed with costs. en-us Tue, 11 Jan 2000 00:00:00 +0530 Fri, 01 Apr 2022 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92642 The Supreme Court upheld the lower authorities' decision and dismissed the appeal by the State Bank of India regarding the refund of custom duty paid on imported software. The Court ruled that the countrywide licensing fee was part of the transaction value subject to customs duty, as it was for the right to use the software and not for reproduction. The Court held that the fee did not qualify as reproduction charges exempt from customs duty under the relevant rules and press note. Consequently, SBI was not entitled to a refund, and the appeal was dismissed with costs. Case-Laws Customs Tue, 11 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92642