https://www.taxtmi.com/caselaws?id=186567 Royalties and licence fees paid for importing beta/digibeta film tapes were examined for inclusion in customs assessable value, with the key question being whether the payments related only to reproduction rights or to a wider bundle of exploitation rights, and whether they were a condition of supply payable before import. The panel also considered whether non-disclosure of such payments constituted suppression justifying the extended limitation period, confiscation and penalties. The Members recorded a difference of opinion and referred the matter to a Third Member, so no final determination was made on valuation, limitation, confiscation or penalty. en-us Fri, 12 Jul 2013 00:00:00 +0530 Fri, 23 Sep 2016 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186567 Royalties and licence fees paid for importing beta/digibeta film tapes were examined for inclusion in customs assessable value, with the key question being whether the payments related only to reproduction rights or to a wider bundle of exploitation rights, and whether they were a condition of supply payable before import. The panel also considered whether non-disclosure of such payments constituted suppression justifying the extended limitation period, confiscation and penalties. The Members recorded a difference of opinion and referred the matter to a Third Member, so no final determination was made on valuation, limitation, confiscation or penalty. Case-Laws Customs Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186567