https://www.taxtmi.com/caselaws?id=389313 Post-import service charges received for services rendered on a principal-to-principal sale were not includable in the assessable value of imported coal under Section 14 of the Customs Act, 1962, because there was no evidence that the charges formed part of the price actually paid or payable for the goods or were passed on to the overseas supplier. The transaction was treated as an import by the respondent on its own account, not a canalizing arrangement, and the Bill of Entry was filed and clearance completed by the respondent before sale to NTPC, so the high sea sale contention also failed. en-us Mon, 16 Sep 2019 00:00:00 +0530 Mon, 23 Mar 2020 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389313 Post-import service charges received for services rendered on a principal-to-principal sale were not includable in the assessable value of imported coal under Section 14 of the Customs Act, 1962, because there was no evidence that the charges formed part of the price actually paid or payable for the goods or were passed on to the overseas supplier. The transaction was treated as an import by the respondent on its own account, not a canalizing arrangement, and the Bill of Entry was filed and clearance completed by the respondent before sale to NTPC, so the high sea sale contention also failed. Case-Laws Customs Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389313