https://www.taxtmi.com/caselaws?id=111173 Royalty and technical know-how fees are not includible in the customs assessable value unless evidence shows that such payments, or the parties' relationship, influenced the price of the imported goods or introduced extra commercial consideration. On the facts stated, the importer could source raw materials from other suppliers, the know-how agreement related to manufacture in India rather than the import price, and no material showed price depression. The declared transaction value was therefore accepted as arm's length, and the valuation challenge was rejected. en-us Thu, 26 Feb 2004 00:00:00 +0530 Fri, 18 May 2012 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111173 Royalty and technical know-how fees are not includible in the customs assessable value unless evidence shows that such payments, or the parties' relationship, influenced the price of the imported goods or introduced extra commercial consideration. On the facts stated, the importer could source raw materials from other suppliers, the know-how agreement related to manufacture in India rather than the import price, and no material showed price depression. The declared transaction value was therefore accepted as arm's length, and the valuation challenge was rejected. Case-Laws Customs Thu, 26 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111173