https://www.taxtmi.com/caselaws?id=44158 The court concluded that customs duty on Polyester Filament Yarn wound on bobbins should be levied on the entire invoice price without separating the value of bobbins. Relying on the Customs Act and a Supreme Court precedent, the court determined that the yarn and bobbins are sold as one transaction and must be valued accordingly for duty assessment. The petitioners' argument for separate taxation of bobbins was rejected, and they were not entitled to set off the packaging material's value from the yarn's invoice price. The court dismissed the petitions without costs, clarifying that the judgment did not address duty on bobbins or exemption benefits. en-us Wed, 29 Jun 1994 00:00:00 +0530 Wed, 23 Jun 2010 13:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44158 The court concluded that customs duty on Polyester Filament Yarn wound on bobbins should be levied on the entire invoice price without separating the value of bobbins. Relying on the Customs Act and a Supreme Court precedent, the court determined that the yarn and bobbins are sold as one transaction and must be valued accordingly for duty assessment. The petitioners' argument for separate taxation of bobbins was rejected, and they were not entitled to set off the packaging material's value from the yarn's invoice price. The court dismissed the petitions without costs, clarifying that the judgment did not address duty on bobbins or exemption benefits. Case-Laws Customs Wed, 29 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44158