https://www.taxtmi.com/caselaws?id=151802 Royalty and technical know-how fee paid under a licence agreement were examined for inclusion in the customs value of imported machinery. The governing question was whether the payments had a direct nexus with the imported goods, or instead related only to the manufacture and business arrangements for the Indian venture. On the agreement's terms, the payments were linked to the manufacturing arrangement and not to the imported machinery, and no clause established that they were made in relation to the imported goods. The royalty and technical know-how fee were therefore not includible in the declared price of the imported goods. en-us Wed, 05 Aug 2009 00:00:00 +0530 Mon, 17 Jun 2013 11:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151802 Royalty and technical know-how fee paid under a licence agreement were examined for inclusion in the customs value of imported machinery. The governing question was whether the payments had a direct nexus with the imported goods, or instead related only to the manufacture and business arrangements for the Indian venture. On the agreement's terms, the payments were linked to the manufacturing arrangement and not to the imported machinery, and no clause established that they were made in relation to the imported goods. The royalty and technical know-how fee were therefore not includible in the declared price of the imported goods. Case-Laws Customs Wed, 05 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151802