Notebook Computers Imported for Institutional Consumers assessable U/s. 4 on transaction value

Commissioner of Customs Vs Acer India Pvt. Ltd. (CESTAT Chennai) CESTAT Chennai held notebook computers imported for sale to Rajiv Ghandhi University of Knowledge Technologies, Hyderabad (RGUKT) i.e. institutional consumer and not ultimate consumer is assessable under section 4 based on transaction value and not based on Retail Sale Place. Facts- The respondent, M/s. Acer India Ltd. filed bill of entry dated 06.02.2012 for import of notebook computers consequent to an order placed by Rajiv Ghandhi University of Knowledge Technologies, Hyderabad (RGUKT). The respondent had assessed the bill of ...