https://www.taxtmi.com/caselaws?id=254306 Royalty or lump sum technical know-how payments are includible in the assessable value of imported goods under Rule 10(1)(c) only if they are related to the imported goods and payable, directly or indirectly, as a condition of their sale. Where the royalty is payable on the sale of manufactured products, and the agreement excludes standard bought-out components and the landed cost of imported components from the royalty base, it is not a condition of sale of the imported goods. On unchanged facts, the earlier Tribunal view that the royalty was unrelated to the imports governed the dispute, while Revenue's cited precedent was distinguished on its own facts. en-us Thu, 18 Sep 2014 00:00:00 +0530 Fri, 07 Aug 2015 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254306 Royalty or lump sum technical know-how payments are includible in the assessable value of imported goods under Rule 10(1)(c) only if they are related to the imported goods and payable, directly or indirectly, as a condition of their sale. Where the royalty is payable on the sale of manufactured products, and the agreement excludes standard bought-out components and the landed cost of imported components from the royalty base, it is not a condition of sale of the imported goods. On unchanged facts, the earlier Tribunal view that the royalty was unrelated to the imports governed the dispute, while Revenue's cited precedent was distinguished on its own facts. Case-Laws Customs Thu, 18 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254306