2020 (6) TMI 217 - SCH - Customs

Valuation of imported goods - inclusion of royalty charge and franchisee fees paid to the foreign supplier in assessable value - Rule 10(1) and Rule 10(1)(e) of the Customs Valuation (Determination of Value Imported Goods) Rules, 2007 - It was held by Tribunal that Once the goods have been cleared from the Customs area the same is not required to be treated as imported goods and all the activities of the management, consultation etc. is relatable to the goods which is ceased to be imported goods in terms of the Customs Act, 1962. HELD THAT - Appeal admitted.

Summary

The Supreme Court of India in 2020 (6) TMI 217 - SC Order, Justices A.M. Khanwilkar, Dinesh Maheshwari, and Sanjiv Khanna presiding, condoned delay, admitted appeal, issued notice on stay application within three weeks. Ms. Charanya Lakshmikumaran waived notice for the respondent.