https://www.taxtmi.com/caselaws?id=109841 Goods shipped after the expiry of the import licences were not covered by those licences; the admitted antedating of the bill of lading and the surrounding correspondence showed the importer knew shipment had not occurred in time, so confiscation and penalty were upheld. Indenting commission paid through the agency that placed the orders was includible in the assessable value because the importer and the private limited company were separate legal entities; the absence of a separate notice to the indenting company did not alter valuation. The assessment and penal action were sustained on both issues. en-us Thu, 01 May 2003 00:00:00 +0530 Thu, 12 Apr 2012 12:47:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109841 Goods shipped after the expiry of the import licences were not covered by those licences; the admitted antedating of the bill of lading and the surrounding correspondence showed the importer knew shipment had not occurred in time, so confiscation and penalty were upheld. Indenting commission paid through the agency that placed the orders was includible in the assessable value because the importer and the private limited company were separate legal entities; the absence of a separate notice to the indenting company did not alter valuation. The assessment and penal action were sustained on both issues. Case-Laws Customs Thu, 01 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109841