2017 (8) TMI 813 - SCH - Customs

Valuation - Technology Transfer Agreement - Whether royalty paid in terms, is a condition of sale includible in the assessable value - Rule 9(1)(c) of the Customs Valuation (Determination of Price of Imported Goods) Rules, 2008 - the decision in the case of CC, New Delhi Versus M/s Avaya Global Connect Ltd. 2016 (3) TMI 256 - CESTAT NEW DELHI , contested, where it was held that as the Supply Agreement is consistent with the Technology Transfer Agreement, and the supplier had the right to terminate the supplies in case of non-payment of royalties, the payment of royalty is a condition of sale and includible in the assessable value - Held that - the decision in the above case upheld - appeal dismissed - decided against appellant.

Summary

Title: Supreme Court 2017 (8) TMI 813 - SC Order
Judges: Mr. Madan B. Lokur and Mr. Deepak Gupta
Decision: Appeal dismissed, no interference with impugned judgment.