Supreme Court · 2007 INSC 737 · Decided 9 July 2007
Commissioner of Customs, Calcutta v. South India Television (P) LTD.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 737 · [2007] 8 S.C.R. 95
- Case number
- CIVIL APPEAL No. 1137/2002
- Decided
- 9 July 2007
- Bench
- S.H. KAPADIA, B. SUDERSHAN REDDY (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Customs Act
Headnote
COURT REPORTS (2007] 8 S.C.R. A Imported goods did not represent the transaction value under Rule 4 of the Customs Valuation (Determination of Price of Imported Goods) Rules, 1988 ("Customs Valuation Rules") as the price actually paid appeared to be different than the declared price and should not be enhanced based on the export declaration under Rule 8 of the Customs Valuation Rules made by the Foreign Supplier. Accordingly, a demand was raised for the differential duty of Rs. 28104,831.40 and fine In lieu of confiscation. Rejecting the contentions of the assessee, the demand
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