High Seas Sale Case: Court Rules on Including Service Charges in Assessable Value of Imported Goods, Canalizing Agent Role Discussed.

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....Valuation of imported goods - High Seas Sale - inclusion of service charges in the assessable value - canalizing agent or not - The mere fact that the bids for import were finalised by the respondent (MMTC) after approval of NTPC, would not change the nature of transaction.....