Court Rules Drawings & Designs Excluded from Import Valuation; Focus on Post-Importation Use, Not Equipment Import.

Court Rules Drawings & Designs Excluded from Import Valuation; Focus on Post-Importation Use, Not Equipment Import. https://www.taxtmi.com/highlights?id=53188 Valuation of certain items imported under two contracts - inclusion of the price of drawings, design etc. - the stand of SAIL was consistent that the subject drawings and specifications did not relate to the equipments imported and was meant for post importation activities and there was no condition laid down that the import of the equipments were to be supplemented by post-importation work. - Value cannot be enhanced - SC en-us Tue, 28 Apr 2020 13:16:14 +0530 Tue, 28 Apr 2020 13:16:14 +0530 TaxTMI RSS Generator Court Rules Drawings & Designs Excluded from Import Valuation; Focus on Post-Importation Use, Not Equipment Import. https://www.taxtmi.com/highlights?id=53188 Valuation of certain items imported under two contracts - inclusion of the price of drawings, design etc. - the stand of SAIL was consistent that the subject drawings and specifications did not relate to the equipments imported and was meant for post importation activities and there was no condition laid down that the import of the equipments were to be supplemented by post-importation work. - Value cannot be enhanced - SC Highlights Customs Tue, 28 Apr 2020 13:16:14 +0530 https://www.taxtmi.com/highlights?id=53188