Wednesday, April 29, 2020

Rule 9 (1)(e) of the Customs Valuation (Determination of Price) of Imported Goods Valuation Rules, 1988 can’t be Automatically applied to every Import which has surface features of a Turnkey Contract: SC [Read Judgment]

The Supreme Court of India held that Rule 9 (1)(e) of Customs Valuation (Determination of Price) of Imported Goods Valuation Rules, 1988 can not be automatically applied to every import which has surface features of a turnkey contract. The cases involving the importation of turnkey projects and the entire contract value have to be treated […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3d1qJ9w

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