https://www.taxtmi.com/caselaws?id=771663 Software preloaded in imported hardware was not required to be separately added for customs valuation on the facts presented, where the importer had disclosed the software value in the bill of entry and paid duty accordingly. A contemporaneous clarification showed that the software component had been added again by mistake, which weakened the allegation of deliberate suppression and undermined the Revenue's case for denying exemption, demanding differential duty, interest and penalties. The authorities relied on by the Revenue were found unhelpful on these facts, and the appeal failed in favour of the assessee. en-us Wed, 28 May 2025 00:00:00 +0530 Thu, 29 May 2025 08:41:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771663 Software preloaded in imported hardware was not required to be separately added for customs valuation on the facts presented, where the importer had disclosed the software value in the bill of entry and paid duty accordingly. A contemporaneous clarification showed that the software component had been added again by mistake, which weakened the allegation of deliberate suppression and undermined the Revenue's case for denying exemption, demanding differential duty, interest and penalties. The authorities relied on by the Revenue were found unhelpful on these facts, and the appeal failed in favour of the assessee. Case-Laws Customs Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771663