Valuation of imported Set top boxes under Section 4 of the Central Excise Act, 1944

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....Principal Chief Commissioner of Central Excise/ Service Tax (All), Chief Commissioners of Central Excise/ Service Tax (All), Principal Commissioner of Central Excise/ Service Tax (All). Subject:- Valuation of imported Set top boxes under Section 4 of the Central Excise Act, 1944 -reg. Madam/ Sir, Reference has been received in Board regarding assessment of CVD payable on....

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.... the package, the retail sale price (RSP) of the goods. Hon’ble Tribunal in this case in paragraph 7 has inter alia held that- "............. (k) "“retail package”" means the package which are intended for retail sale to the ultimate consumer for the purpose of consumption of the commodity contained therein and includes the imported packages: Provided that for the purpose o....

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....nition that there should be a transfer of property for any consideration or there should be a transfer on the hire-purchase system or by any system of payment by any instalments. We find in the present case that there is no transfer of property or hire-purchase system involved nor there is a system of payment by instalments. Thus there appears to be no sale in the use of the Set Top Box by the ult....