https://www.taxtmi.com/caselaws?id=110092 The Tribunal dismissed the appeal regarding the valuation of an imported machine for refund of customs duty. It upheld the decision to allow the refund, emphasizing that the additional amount for know-how provided was not applicable due to the termination of the joint venture agreement between the importer and the supplier. The Tribunal found that the cost of the machine was separate from the cost of the know-how, and the termination of the agreement rendered the enhanced value invalid. The appeal was ultimately dismissed, confirming the refund of excess customs duty paid by the importer. en-us Wed, 12 Nov 2003 00:00:00 +0530 Fri, 13 Apr 2012 16:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110092 The Tribunal dismissed the appeal regarding the valuation of an imported machine for refund of customs duty. It upheld the decision to allow the refund, emphasizing that the additional amount for know-how provided was not applicable due to the termination of the joint venture agreement between the importer and the supplier. The Tribunal found that the cost of the machine was separate from the cost of the know-how, and the termination of the agreement rendered the enhanced value invalid. The appeal was ultimately dismissed, confirming the refund of excess customs duty paid by the importer. Case-Laws Central Excise Wed, 12 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110092