https://www.taxtmi.com/caselaws?id=113838 Royalty was not includible in the assessable value of imported goods where no royalty was actually paid, the joint venture had become a 100% subsidiary under the approval conditions, and the imports were made on the supplier's price list at a negotiated and genuine invoice value. The relationship between the parties was found not to have influenced the price, and no commission was paid for the imports. On those facts, the declared transaction value was accepted under Rule 4 of the Customs Valuation Rules, 1988, and Rule 9(1)(c) did not justify enhancement. en-us Wed, 31 Mar 2004 00:00:00 +0530 Tue, 08 May 2012 16:44:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113838 Royalty was not includible in the assessable value of imported goods where no royalty was actually paid, the joint venture had become a 100% subsidiary under the approval conditions, and the imports were made on the supplier's price list at a negotiated and genuine invoice value. The relationship between the parties was found not to have influenced the price, and no commission was paid for the imports. On those facts, the declared transaction value was accepted under Rule 4 of the Customs Valuation Rules, 1988, and Rule 9(1)(c) did not justify enhancement. Case-Laws Customs Wed, 31 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113838