https://www.taxtmi.com/caselaws?id=1068 Technical know-how fee and royalty paid under a technical know-how agreement are not includible in the assessable value of imported second-hand capital goods under Section 14 of the Customs Act, 1962 read with Rule 9 of the Customs Valuation Rules, 1988, unless the agreement contains a restraining clause limiting the importer's freedom to source goods from third parties. As no such contractual restraint was found in the agreement, the additions were unjustified and the appeal succeeded. en-us Tue, 13 Sep 2005 00:00:00 +0530 Mon, 14 Apr 2008 05:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1068 Technical know-how fee and royalty paid under a technical know-how agreement are not includible in the assessable value of imported second-hand capital goods under Section 14 of the Customs Act, 1962 read with Rule 9 of the Customs Valuation Rules, 1988, unless the agreement contains a restraining clause limiting the importer's freedom to source goods from third parties. As no such contractual restraint was found in the agreement, the additions were unjustified and the appeal succeeded. Case-Laws Customs Tue, 13 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1068