https://www.taxtmi.com/caselaws?id=115405 Royalty payable at 5% on indigenous value addition could not be added to the customs value of imported components because the royalty was linked to the manufactured product's local value addition, not to the imported items themselves. The authority distinguished the cited precedent as one dealing with royalty included in the assessable value of concentrates sold, which was not the position here. On that basis, the royalty was excluded from the value of the imported components and the Revenue's appeal failed. en-us Tue, 14 Jun 2005 00:00:00 +0530 Tue, 29 May 2012 13:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115405 Royalty payable at 5% on indigenous value addition could not be added to the customs value of imported components because the royalty was linked to the manufactured product's local value addition, not to the imported items themselves. The authority distinguished the cited precedent as one dealing with royalty included in the assessable value of concentrates sold, which was not the position here. On that basis, the royalty was excluded from the value of the imported components and the Revenue's appeal failed. Case-Laws Customs Tue, 14 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115405