https://www.taxtmi.com/caselaws?id=250097 Royalty and licence fees paid under a technology agreement were held not includible in the assessable value of imported capital goods because the payments were consideration for transfer of technology and manufacture of finished products, not a condition of import or sale of the goods. Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty or licence fee is related to the imported goods and payable as a condition of their sale or import. The required nexus with the imported capital goods was absent, so inclusion in customs value was rejected. en-us Mon, 28 Jul 2014 00:00:00 +0530 Tue, 12 May 2015 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250097 Royalty and licence fees paid under a technology agreement were held not includible in the assessable value of imported capital goods because the payments were consideration for transfer of technology and manufacture of finished products, not a condition of import or sale of the goods. Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty or licence fee is related to the imported goods and payable as a condition of their sale or import. The required nexus with the imported capital goods was absent, so inclusion in customs value was rejected. Case-Laws Customs Mon, 28 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250097