https://www.taxtmi.com/caselaws?id=175468 Technical know-how fees payable under a collaboration agreement were not includible in the assessable value of imported goods under Rule 9(1)(b)(iv) of the Customs Valuation Rules, 1988. The rule allows additions only for specified goods or services supplied free of charge or at reduced cost for use in producing and selling the imported goods, or for design, engineering, plans and sketches necessary for production, and only where such value is not already included in the price paid or payable. On the facts, the fees reflected technical assistance for setting up and running the plant, not the value of drawings or other items supplied by the importer, and so did not fall within the rule. en-us Wed, 03 May 2006 00:00:00 +0530 Sat, 12 Nov 2016 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175468 Technical know-how fees payable under a collaboration agreement were not includible in the assessable value of imported goods under Rule 9(1)(b)(iv) of the Customs Valuation Rules, 1988. The rule allows additions only for specified goods or services supplied free of charge or at reduced cost for use in producing and selling the imported goods, or for design, engineering, plans and sketches necessary for production, and only where such value is not already included in the price paid or payable. On the facts, the fees reflected technical assistance for setting up and running the plant, not the value of drawings or other items supplied by the importer, and so did not fall within the rule. Case-Laws Customs Wed, 03 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175468