Supreme Court of India

M/s Matsushita Television & Audio (i) Ltd. v. Commissioner of Customs

Neutral citation
Reported as [2007] 5 S.C.R. 46
Bench S.H. Kapadia J.
Decided 12 April 2007

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

For the above reasons, we find no merit in this civil appeal and the same accordingly stands dismissed with no order as to costs.

Judgment, page 9

From the headnote

Customs Valuation (Determination of Imported Goods) Rules, 1988- rr. 4(2) and 9(/)(c)-Agreement of technical know-how assistance-The c assistance also extended to supply of components and to approval of components duly imported-Agreement to pay royalty to the company imparting assistance by the company taking assistance-Import of components by company taking assistance (Assessee Company)-The royalty payment was included in the assessable value of the components-Propriety of-Held: Royalty payment was rightly included in the assessable value of the components-Royalty payment under the agreement

Where later benches applied it

Of those, 2 mentioned

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