https://www.taxtmi.com/caselaws?id=123366 Amounts paid to a foreign buying agent for documentation and service charges were held to be excludible from the assessable value of imported goods as buying commission. The agreement and import documents showed that the foreign party acted only as a buying agent, with services confined to procurement-related functions and representation of the importer abroad. Rule 9 of the Customs Valuation Rules permits exclusion of buying commission, and the explanatory note treats it as fees paid to an agent for such representation. The description of the charges did not alter their true character, and the claim was accepted in favour of the assessee. en-us Thu, 13 Mar 2008 00:00:00 +0530 Thu, 13 Sep 2012 13:10:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123366 Amounts paid to a foreign buying agent for documentation and service charges were held to be excludible from the assessable value of imported goods as buying commission. The agreement and import documents showed that the foreign party acted only as a buying agent, with services confined to procurement-related functions and representation of the importer abroad. Rule 9 of the Customs Valuation Rules permits exclusion of buying commission, and the explanatory note treats it as fees paid to an agent for such representation. The description of the charges did not alter their true character, and the claim was accepted in favour of the assessee. Case-Laws Customs Thu, 13 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123366