https://www.taxtmi.com/caselaws?id=241424 The Tribunal held that royalty and license fees paid by the importer to the foreign supplier were not required to be included in the assessable value of the imported goods. The Tribunal determined that the payments were related to goods manufactured and sold domestically, not the imported goods. Therefore, the Customs department's order to increase the declared invoice value of the goods by 4% under the Customs Act and relevant Customs Valuation Rules was dismissed, and the appeal was rejected. en-us Tue, 18 Oct 2011 00:00:00 +0530 Tue, 24 Dec 2013 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241424 The Tribunal held that royalty and license fees paid by the importer to the foreign supplier were not required to be included in the assessable value of the imported goods. The Tribunal determined that the payments were related to goods manufactured and sold domestically, not the imported goods. Therefore, the Customs department's order to increase the declared invoice value of the goods by 4% under the Customs Act and relevant Customs Valuation Rules was dismissed, and the appeal was rejected. Case-Laws Customs Tue, 18 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241424