Imported Machinery Valuation Excludes 50% Supervision Charges for Domestic Erection and Tests Due to Local Execution Necessity.

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Full Text of the Document

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....Determination of assessable value - valuation imported machinery with addition of 50% of the supervision charges - the supervision of erection, commissioning and performance guarantee tests cannot be done in the country of origin because a commissioned plant cannot be imported - services rendered in India - not includable in the assessable value....