https://www.taxtmi.com/caselaws?id=237030 Royalty and technical know-how fees paid under a collaboration agreement were not includible in the assessable value of imported goods because they related to manufacture and post-importation operations in India, not to a condition of sale of the imports. The agreement did not require sourcing raw materials or components from the licensor, and the royalty was calculated on net ex-factory sales after excluding imported components and customs duties, indicating linkage to value addition in India. In the absence of evidence of price adjustment or understatement of transaction value, the declared value was accepted and the appeals succeeded with consequential relief. en-us Wed, 14 Nov 2012 00:00:00 +0530 Mon, 16 Sep 2013 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237030 Royalty and technical know-how fees paid under a collaboration agreement were not includible in the assessable value of imported goods because they related to manufacture and post-importation operations in India, not to a condition of sale of the imports. The agreement did not require sourcing raw materials or components from the licensor, and the royalty was calculated on net ex-factory sales after excluding imported components and customs duties, indicating linkage to value addition in India. In the absence of evidence of price adjustment or understatement of transaction value, the declared value was accepted and the appeals succeeded with consequential relief. Case-Laws Customs Wed, 14 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237030