https://www.taxtmi.com/caselaws?id=256955 Royalty paid for the right to reproduce imported clumps in India was held outside assessable value under Rule 10(1)(c) of the Customs Valuation Rules, 2007. The exclusion was applied on the basis that it covers charges for the right to reproduce imported goods in the country of importation, and does not depend on whether the supplier and importer are related. Interpretative notes and a World Customs Organization clarification were relied on to give the phrase a broad meaning, including animal or plant species. A prior Tribunal ruling on similar reproduction royalty was followed, and the royalty was therefore not includible. en-us Thu, 09 Oct 2014 00:00:00 +0530 Thu, 26 Feb 2015 05:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256955 Royalty paid for the right to reproduce imported clumps in India was held outside assessable value under Rule 10(1)(c) of the Customs Valuation Rules, 2007. The exclusion was applied on the basis that it covers charges for the right to reproduce imported goods in the country of importation, and does not depend on whether the supplier and importer are related. Interpretative notes and a World Customs Organization clarification were relied on to give the phrase a broad meaning, including animal or plant species. A prior Tribunal ruling on similar reproduction royalty was followed, and the royalty was therefore not includible. Case-Laws Customs Thu, 09 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256955