https://www.taxtmi.com/caselaws?id=236288 Royalty and technical know-how fees payable under a know-how agreement are includible in the assessable value of imported goods only if they relate to those goods and are payable, directly or indirectly, as a condition of sale. On the stated facts, the department did not establish that the royalty was a pre-condition for sale of the imported goods or that the transaction value was not the true value under Section 14(1)(a) of the Customs Act, 1962. The payments were linked to manufacturing operations in India and lacked a sufficient nexus with the imported goods. They were therefore not includible in assessable value. en-us Wed, 10 Apr 2013 00:00:00 +0530 Fri, 25 Apr 2014 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236288 Royalty and technical know-how fees payable under a know-how agreement are includible in the assessable value of imported goods only if they relate to those goods and are payable, directly or indirectly, as a condition of sale. On the stated facts, the department did not establish that the royalty was a pre-condition for sale of the imported goods or that the transaction value was not the true value under Section 14(1)(a) of the Customs Act, 1962. The payments were linked to manufacturing operations in India and lacked a sufficient nexus with the imported goods. They were therefore not includible in assessable value. Case-Laws Customs Wed, 10 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236288