Customs Act, 1962 with Section 18 Archives

Supreme Court Upholds Customs Valuation: Indusind Media & Communications Ltd. vs. Commissioner of Customs (27 September 2019)

September 27, 2019 / Customs Act, 1962, Customs Act, 1962 with Section 112, Customs Act, 1962 with Section 114AA, Customs Act, 1962 with Section 18, Customs Tariff Act, 1975, Customs Tariff Act, 1975 with Section XVI, Customs Tariff Act, 1975 with Tariff Item 8525, Customs Tariff Act, 1975 with Tariff Item 8543, Judges, Uday Umesh Lalit, Vineet Saran

Supreme Court Upholds Customs Valuation: Indusind Media & Communications Ltd. vs. Commissioner of Customs (27 September 2019) LEGAL ISSUE: Whether the value of embedded software and related services should be included in the assessable value of imported goods, and whether imported goods should be classified as individual items or as a complete unit based on […]

Supreme Court Upholds Customs Valuation: Indusind Media & Communications Ltd. vs. Commissioner of Customs (27 September 2019) Read Post »

Supreme Court settles valuation of imported goods under Customs Act: Century Metal Recycling vs. Union of India (2019) INSC 481 (17 May 2019)

Supreme Court on Customs Valuation: Upholding Transaction Value in Aluminum Scrap Imports Can customs authorities reject the declared transaction value of imported goods without proper justification? The Supreme Court of India addressed this critical question in a case involving the import of aluminum scrap. The Court clarified the procedure for customs valuation, emphasizing the importance