Commissioner Of Customs, Maharashtra vs M/S Galaxy Entertainment (I) P. Ltd. & ...

The Supreme Court addressed the issue of whether technical and installation fees should be included in the assessable value of imported goods under the Customs Act, 1962. The Court held that the Tribunal's decision, which found no undervaluation of the equipment and upheld the declared price, was correct. The Court emphasized that the Technical and Installation Agreement was a post-clearance agreement and distinguished the case from prior rulings, thereby affirming the Tribunal's ruling under Section 130-E of the Customs Act.