https://www.taxtmi.com/caselaws?id=1666 The Supreme Court upheld the Tribunal's decision, ruling in favor of the assessee and dismissing the Department's appeal. The Court found no evidence of undervaluation in the imported equipment and emphasized that the technical and installation fee was a separate revenue generation agreement, not related to the sale price. The Court concluded that the Department's argument for including the fees in the assessable value was unfounded, applying Rule 4(1) of the Customs Valuation Rules instead of Rule 5(1)(c) as invoked by the Department. The civil appeals were dismissed, and no costs were awarded. en-us Tue, 08 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 08:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1666 The Supreme Court upheld the Tribunal's decision, ruling in favor of the assessee and dismissing the Department's appeal. The Court found no evidence of undervaluation in the imported equipment and emphasized that the technical and installation fee was a separate revenue generation agreement, not related to the sale price. The Court concluded that the Department's argument for including the fees in the assessable value was unfounded, applying Rule 4(1) of the Customs Valuation Rules instead of Rule 5(1)(c) as invoked by the Department. The civil appeals were dismissed, and no costs were awarded. Case-Laws Customs Tue, 08 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1666