https://www.taxtmi.com/caselaws?id=325154 Processing imported maize into vending popcorn satisfied the Foreign Trade Policy's broad definition of manufacture, so the Actual User condition under Notification No. 21/2002-Cus. was met and exemption was admissible, setting aside the duty demand on that count. Royalty payable under the licence agreement, calculated as a percentage of net sale proceeds and coupled with extensive licensor over quality, technical and marketing specifications, was directly linked to the imported maize and payable as a condition of sale, so it was includible in assessable value. The connected duty demand, interest, confiscation under Section 111(m), and penalties under Sections 114A and 114AA were upheld, granting only partial relief to the importer. en-us Wed, 29 Jul 2015 00:00:00 +0530 Sat, 12 Mar 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325154 Processing imported maize into vending popcorn satisfied the Foreign Trade Policy's broad definition of manufacture, so the Actual User condition under Notification No. 21/2002-Cus. was met and exemption was admissible, setting aside the duty demand on that count. Royalty payable under the licence agreement, calculated as a percentage of net sale proceeds and coupled with extensive licensor over quality, technical and marketing specifications, was directly linked to the imported maize and payable as a condition of sale, so it was includible in assessable value. The connected duty demand, interest, confiscation under Section 111(m), and penalties under Sections 114A and 114AA were upheld, granting only partial relief to the importer. Case-Laws Customs Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325154