https://www.taxtmi.com/caselaws?id=3087 The Supreme Court allowed the civil appeal, overturning the Tribunal's judgment as erroneous, in a case involving the loading of royalty/licence fee payment onto the price of imported goods, specifically shuttles used in printers. The Court emphasized the importance of considering negotiation dynamics, price adjustments due to bulk orders, and distinguishing related party transactions to determine the transaction value. Citing the precedent set in Commissioner of Customs v. M/s Ferodo India Pvt. Ltd., the Court set aside the Tribunal's decision and allowed other related appeals based on the same legal reasoning. en-us Thu, 21 Feb 2008 00:00:00 +0530 Thu, 03 Aug 2023 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3087 The Supreme Court allowed the civil appeal, overturning the Tribunal's judgment as erroneous, in a case involving the loading of royalty/licence fee payment onto the price of imported goods, specifically shuttles used in printers. The Court emphasized the importance of considering negotiation dynamics, price adjustments due to bulk orders, and distinguishing related party transactions to determine the transaction value. Citing the precedent set in Commissioner of Customs v. M/s Ferodo India Pvt. Ltd., the Court set aside the Tribunal's decision and allowed other related appeals based on the same legal reasoning. Case-Laws Customs Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3087