https://www.taxtmi.com/caselaws?id=386975 The Tribunal upheld the rejection of declared values and reassessment at higher amounts, confiscation of goods with redemption fines, and imposition of personal penalties under the Customs Act. Royalties and license fees were included in the assessable value as they were deemed a condition of sale for imported goods. The Tribunal dismissed the appeals, affirming the lower authorities' decisions and justifying the inclusion of these fees in the assessable value. en-us Thu, 10 Oct 2019 00:00:00 +0530 Mon, 30 Nov 2020 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386975 The Tribunal upheld the rejection of declared values and reassessment at higher amounts, confiscation of goods with redemption fines, and imposition of personal penalties under the Customs Act. Royalties and license fees were included in the assessable value as they were deemed a condition of sale for imported goods. The Tribunal dismissed the appeals, affirming the lower authorities' decisions and justifying the inclusion of these fees in the assessable value. Case-Laws Customs Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386975