Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2015 (10) TMI 549

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Krishna Prasad, Adv For the Respondent : Mr M P Devanath, Adv., Mr Vivek Sharma, Adv., Mr R Ramchandran, Adv., Mr Aditya Bhattacharya, Adv., Mr Hemant Bajaj, Adv., Mr Anandh K, Adv., Mr S Vasudevan, Adv. and Mr Abhinav Jaganathan, Adv ORDER A joint venture was formed between M/s. Denso Corporation Japan and M/s. Kirloskar Oil Engines Ltd., India on 07.10.1998. Thereafter, a technical licence a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y was sought to be included in the transaction value. As per this agreement, technical information which was to be provided is of the following nature: - "(4) "TECHNICAL INFORMATION" i) Designs, engineering data, manufacturing land process data, basic machinery and facility layouts, testing and quality control data, and production and testing equipment data (including drawings of tool, jig, di .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s including bolts and nuts which are not manufactured in LICENSOR's facilities), and 3) information for excluded components, unit and assembly specified in Annex.I. ii) Purchase specifications and available material - standards for the purchase of those integral components and materials excluded in the above as not being manufactured in LICENSOR's facilities." Though the Commissioner .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates