Supreme Court · 1995 INSC 174 · Decided 8 March 1995
Union of India and ORS. v. Mahindra and Mahindra LTD., Bombay
- Court
- Supreme Court of India
- Citation
- 1995 INSC 174 · [1995] 2 S.C.R. 595
- Case number
- CIVIL APPEAL No. 1886/1993
- Decided
- 8 March 1995
- Bench
- J.S. VERMA, S.P. BHARUCHA, K.S. PARIPOORNAN (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Customs Act
Headnote
B Customs Act, 1962/Customs Valuation Rules: -r-· • S.14( 1 )(b )!Rule 8--F oreign Collaboration agreement-Value of im- ported packs-Price shown in the invoices-Whether reflects the true sale c price-Taking into consideration the lumpsum payment made under the ~ collaboration Invalid and unjustified. The Respondent, a Public Limited Company, has been carrying on business in the manufacture of different types of automobile vehicles. It D entered into a technical know-how agreement for ten years with a French Company in respect of a diesel engine manufactured
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