Customs Valuation (Determination of Value of Imported Goods) Rules, 2007

IndusInd Media & Communications Ltd imported a set of equipment for a cable TV "Head End" and declared the items individually under various tariff headings. The Customs Department alleged that the declaration was false, the goods were undervalued, and that software and related services, which were embedded in the equip…

The respondents, media companies, imported pre‑recorded audio cassettes and compact discs and paid royalties to foreign artists. The Customs Department assessed duty on a higher value, arguing that the royalty must be added to the transaction value under Section 14 of the Customs Act and Rule 9(1)(c) of the 2007 Custom…

Century Metal Recycling Pvt. Ltd. regularly imported aluminium scrap for alloy production and declared a transaction value of Rs.81.31 per kg. The customs authorities rejected this value, citing a Valuation Alert and compelled the importer to consent to a valuation by the authorities, thereby waiving its right to provi…

The Cochin Port Trust sought to recover ground rent and demurrage for containers that remained unclaimed by consignees after customs clearance, arguing that the steamer agents should not be liable beyond the 75‑day limit set by the Tariff Authority. The Supreme Court examined whether the passage of title, endorsement o…