https://www.taxtmi.com/caselaws?id=95761 Know-how fee paid to a foreign collaborator was treated as part of the assessable value of imported proprietary equipment where the goods were manufactured abroad on the basis of drawings, designs, technical specifications and related engineering inputs supplied under the arrangement. Rule 9(1)(b)(iv) required inclusion of the value of such abroad-based design and development inputs when that value was not already reflected in the import price. Because the importer effectively bore the cost through a lump-sum know-how payment, the fee was regarded as an indirect supply of technical inputs to the foreign manufacturer and was includible in valuation. en-us Fri, 27 Oct 2000 00:00:00 +0530 Wed, 14 Dec 2011 17:25:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95761 Know-how fee paid to a foreign collaborator was treated as part of the assessable value of imported proprietary equipment where the goods were manufactured abroad on the basis of drawings, designs, technical specifications and related engineering inputs supplied under the arrangement. Rule 9(1)(b)(iv) required inclusion of the value of such abroad-based design and development inputs when that value was not already reflected in the import price. Because the importer effectively bore the cost through a lump-sum know-how payment, the fee was regarded as an indirect supply of technical inputs to the foreign manufacturer and was includible in valuation. Case-Laws Central Excise Fri, 27 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95761