https://www.taxtmi.com/caselaws?id=50720 The Tribunal rejected the appeal by M/s. Matsushita Television & Audio India Ltd., affirming that the transaction value of the imported components of colour T.V. receivers should include the royalty paid for technical assistance to their collaborator, M/s. Matsushita Electric Industrial Co. Ltd. The Tribunal found a nexus between the royalty payment and the imported components, distinguishing this case from previous precedents. The loading of the value of imported components by 2% and 1.58% for the years 1996-97 and 1997-98, respectively, was upheld under relevant customs rules and the Customs Act. en-us Fri, 24 Aug 2001 00:00:00 +0530 Wed, 25 Aug 2010 15:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50720 The Tribunal rejected the appeal by M/s. Matsushita Television & Audio India Ltd., affirming that the transaction value of the imported components of colour T.V. receivers should include the royalty paid for technical assistance to their collaborator, M/s. Matsushita Electric Industrial Co. Ltd. The Tribunal found a nexus between the royalty payment and the imported components, distinguishing this case from previous precedents. The loading of the value of imported components by 2% and 1.58% for the years 1996-97 and 1997-98, respectively, was upheld under relevant customs rules and the Customs Act. Case-Laws Customs Fri, 24 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50720