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Valuation - rule 9 relates to the supply of engineering, ...


Incorrect Application of Rule 9(1)(b)(iv): Supplier's Technical Know-How Misvalued in Buyer-Supplier Agreement.

December 29, 2016

Case Laws     Customs     AT

Valuation - rule 9 relates to the supply of engineering, development, art work, design work and plans and sketches, etc. by the buyer to the supplier. In the instant case, it is the supplier who has sent the technical know-how to the buyers. Thus, Rule 9(1)(b)(iv) has been wrongly invoked - AT

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