2015 (10) TMI 549

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....., Mr Shenkar Datta, Adv. and Mr B Krishna Prasad, Adv For the Respondent : Mr M P Devanath, Adv., Mr Vivek Sharma, Adv., Mr R Ramchandran, Adv., Mr Aditya Bhattacharya, Adv., Mr Hemant Bajaj, Adv., Mr Anandh K, Adv., Mr S Vasudevan, Adv. and Mr Abhinav Jaganathan, Adv ORDER A joint venture was formed between M/s. Denso Corporation Japan and M/s. Kirloskar Oil Engines Ltd., India on 07.10....

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....l know-how provided by the Japanese company was sought to be included in the transaction value. As per this agreement, technical information which was to be provided is of the following nature: - "(4) "TECHNICAL INFORMATION" i) Designs, engineering data, manufacturing land process data, basic machinery and facility layouts, testing and quality control data, and production and tes....

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....t limited to, semiconductor devices, and other components and materials including bolts and nuts which are not manufactured in LICENSOR's facilities), and 3) information for excluded components, unit and assembly specified in Annex.I. ii) Purchase specifications and available material - standards for the purchase of those integral components and materials excluded in the abov....