https://www.taxtmi.com/caselaws?id=168930 Customs valuation includes only amounts that form part of the price of imported goods as a condition of sale at the time of importation. Separate payments for post-importation technical assistance, know-how, or licence rights are excluded when they are independently identifiable and not additional price for the imported machinery. On the stated facts, the collaboration agreement covered rights to use patents, technical documentation, and manufacturing process, and the plant could also be sourced from independent manufacturers, so the licence and know-how fee was not includible in the assessable value of the imported plant and machinery. en-us Fri, 02 Feb 2007 00:00:00 +0530 Mon, 23 Nov 2015 19:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168930 Customs valuation includes only amounts that form part of the price of imported goods as a condition of sale at the time of importation. Separate payments for post-importation technical assistance, know-how, or licence rights are excluded when they are independently identifiable and not additional price for the imported machinery. On the stated facts, the collaboration agreement covered rights to use patents, technical documentation, and manufacturing process, and the plant could also be sourced from independent manufacturers, so the licence and know-how fee was not includible in the assessable value of the imported plant and machinery. Case-Laws Customs Fri, 02 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168930