https://www.taxtmi.com/news?id=24921 Alleged omission of royalty and licence fee payments from declared transaction value resulted in undervaluation of imported mobile phones, parts and components; documentary evidence and statements indicate such payments were contractual but not added to assessable value, invoking Section 14 and Customs Valuation Rules and leading to show cause notices seeking duty recovery for the investigation period. en-us Wed, 05 Jan 2022 17:48:35 +0530 Wed, 05 Jan 2022 17:48:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24921 Alleged omission of royalty and licence fee payments from declared transaction value resulted in undervaluation of imported mobile phones, parts and components; documentary evidence and statements indicate such payments were contractual but not added to assessable value, invoking Section 14 and Customs Valuation Rules and leading to show cause notices seeking duty recovery for the investigation period. News - Wed, 05 Jan 2022 17:48:35 +0530 https://www.taxtmi.com/news?id=24921