Whether the amount of “royalty” paid for the purpose of establishing an automobile manufacturing plant in includible in the value of Capital Goods and parts imported from the same party

Whether the amount of “royalty” paid for the purpose of establishing an automobile manufacturing plant in includible in the value of Capital Goods and parts imported from the same party https://www.taxtmi.com/news?id=78 Whether amounts paid as royalty or fees for know how and licenses are includible in the assessable value of capital goods and parts imported from the same party is addressed. Where licensing/know how payments and import of machinery were separate arm's length transactions between related parties, the valuation authority and tribunal concluded those royalty payments are not includible in the customs value of the imported goods. en-us Tue, 14 Aug 2007 14:05:00 +0530 Fri, 22 Aug 2025 17:51:00 +0530 TaxTMI RSS Generator Whether the amount of “royalty” paid for the purpose of establishing an automobile manufacturing plant in includible in the value of Capital Goods and parts imported from the same party https://www.taxtmi.com/news?id=78 Whether amounts paid as royalty or fees for know how and licenses are includible in the assessable value of capital goods and parts imported from the same party is addressed. Where licensing/know how payments and import of machinery were separate arm's length transactions between related parties, the valuation authority and tribunal concluded those royalty payments are not includible in the customs value of the imported goods. News - Tue, 14 Aug 2007 14:05:00 +0530 https://www.taxtmi.com/news?id=78