https://www.taxtmi.com/caselaws?id=265274 The Supreme Court ruled in a case involving a joint venture for air conditioner/radiator production, focusing on the inclusion of technical know-how costs in import duty calculation. The Court affirmed the CESTAT's decision that such costs for post-importation activities should not be part of the transaction value. Referring to a prior case, the Court emphasized the distinction between pre-importation and post-importation expenses. Consequently, the appeal was dismissed, reinforcing the principle that costs related to technical know-how for post-importation activities should not impact import duty assessment. en-us Thu, 13 Aug 2015 00:00:00 +0530 Mon, 04 Jan 2016 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265274 The Supreme Court ruled in a case involving a joint venture for air conditioner/radiator production, focusing on the inclusion of technical know-how costs in import duty calculation. The Court affirmed the CESTAT's decision that such costs for post-importation activities should not be part of the transaction value. Referring to a prior case, the Court emphasized the distinction between pre-importation and post-importation expenses. Consequently, the appeal was dismissed, reinforcing the principle that costs related to technical know-how for post-importation activities should not impact import duty assessment. Case-Laws Customs Thu, 13 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265274