https://www.taxtmi.com/caselaws?id=97797 Royalty and technical know-how/basic engineering fees under a collaboration agreement are includible in customs assessable value only when they are sufficiently related to the imported goods; payments tied to setting up the plant or to locally manufactured products are excluded. Valuation based on allegedly comparable imports was rejected where the goods were not comparable in description, use, quantity or commercial context, and the declared transaction value was supported by later identical imports at the same price. After termination of the collaboration, imports could not automatically be treated as related-person transactions and had to be examined independently under the valuation rules. en-us Mon, 09 Apr 2001 00:00:00 +0530 Wed, 22 Feb 2012 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97797 Royalty and technical know-how/basic engineering fees under a collaboration agreement are includible in customs assessable value only when they are sufficiently related to the imported goods; payments tied to setting up the plant or to locally manufactured products are excluded. Valuation based on allegedly comparable imports was rejected where the goods were not comparable in description, use, quantity or commercial context, and the declared transaction value was supported by later identical imports at the same price. After termination of the collaboration, imports could not automatically be treated as related-person transactions and had to be examined independently under the valuation rules. Case-Laws Central Excise Mon, 09 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97797