Customs Act | Engineering Services Fees Having Direct Nexus With Import Of Goods Fall Within Assessable Customs Value : Supreme Court

Supreme Court held that engineering services fees for imported equipment fall within assessable customs value in the Coal India case. This significant customs valuation ruling impacts many capital goods importers, clarifying the treatment of post-import services. The judgment harmonizes India's customs valuation practice with international standards while allowing for legitimate case-by-case distinctions.