Supreme Court of India

Commissioner of Customs v. M/s Ferodo India Pvt. Ltd.

Neutral citation
Reported as [2008] 3 S.C.R. 147
Bench S.H. Kapadia J.
Decided 21 February 2008

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.

3 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that there was no nexus between royalty/licence fees payable for the know-how and the goods imported for the manufacture of licensed products.

Judgment, page 14

From the headnote

Customs Valuation (Determination of Price of Imported Goods) Rules, 1988 - Rule 9(1)(c) - Price of imported goods - Inclusion of technical know how fees and royalty- Technical c assistance and trade mark agreement between buyer-licensee and foreign collaborator-licensor - Under the agreement, licensee permitted to manufacture licensed products - It was to import raw material from licensor and to pay license fee and royalty- Department loading CIF value of imported goods with know-how fees and royalty - Tribunal holding that know- - how fees and royalty related to licensed products to be

Authorities it was built on

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