https://www.taxtmi.com/caselaws?id=439995 Countervailing duty on imported set-top boxes must be assessed on transaction value where the goods are supplied to subscribers on an entrustment basis without transfer of ownership. Retail sale price-based valuation applies only when the goods are legally required to declare retail sale price under the relevant Legal Metrology framework and fall within the statutory regime for such valuation. Where the boxes were not sold to ultimate consumers, were treated as fixed assets by the importer, and no sale element existed, an RSP declaration on the package did not by itself justify assessment on retail sale price basis. en-us Thu, 15 Jun 2023 00:00:00 +0530 Thu, 06 Jul 2023 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439995 Countervailing duty on imported set-top boxes must be assessed on transaction value where the goods are supplied to subscribers on an entrustment basis without transfer of ownership. Retail sale price-based valuation applies only when the goods are legally required to declare retail sale price under the relevant Legal Metrology framework and fall within the statutory regime for such valuation. Where the boxes were not sold to ultimate consumers, were treated as fixed assets by the importer, and no sale element existed, an RSP declaration on the package did not by itself justify assessment on retail sale price basis. Case-Laws Customs Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439995