Determination of assessable value - valuation imported machinery ...

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

May 20, 2019

Case Laws Customs AT

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

View Source

← Previous Next →

Determination of assessable value - valuation imported machinery ...

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

May 20, 2019

Case Laws Customs AT

You may also like:

Valuation - inclusion of reimbursement of expenses - pure agent or not - Supply of supervision services - All the work including cost of material and its supervision is...

Transfer of ESOP/ESPP/RSU by foreign holding company to employees of domestic subsidiary company does not attract GST where no additional fee, markup or commission is...

Reverse Charge - Machine imported without separate contract for supply and installation - branch office of manufacturer erected & installed the machinery - No Erection...

Valuation of imported goods - machinery oil /machinery lubricant oil - The basis of re-valuation by the department is re-classification of goods and when the...

The supervision of erection and commissioning cannot be equated with civil work of erection and commissioning or installation of plant and machinery. When the appellants...

This notification Issued by CBIC amends the tariff values for certain imported goods effective November 30, 2024, u/s 14(2) of the Customs Act, 1962. The key amendments...

Valuation of imported goods - includibility - Pull Buck Tug Charges, Tug/Launch Charges, and Port Tonnage Charges - these charges are not to be included in the...

Valuation of imported goods - MRP based valuation or transaction value - CVD - AT

Provisional release of imported goods (apples) - The dispute centers on the valuation of the imported apples.

Valuation of imported goods - NIDB data cannot be used to enhance the value of imported goods.

Valuation of imported goods - import and distribution of LPG - Canalising charges are includible in the assessable value of imports.

This notification amends the import policy condition for Raw Pet Coke (RPC) and Calcined Pet Coke (CPC) under Chapter 27 of the ITC (HS) 2022, Schedule-I (Import Policy)....

Valuation of imported goods - addition of royalty charges to value of imported goods in terms of Rule 9(1) (c) of Valuation Rules, 1988 and 10(1) (c) of the Valuation...

Additional depreciation on the plant and machinery - 50% of the additional depreciation was only claimed during the first year - the assessee is entitled for additional...

Undervaluation – import of old and used machinery – enhancement of value – Old and used machinery is inherently prone to undervaluation - Adjudicating authority...

Quick Updates: