https://www.taxtmi.com/caselaws?id=269897 A lump sum technical know-how fee paid under a post-import technology transfer arrangement was not includible in the assessable value of imported goods because the agreement covered design, drawings, training and erection assistance for an instant coffee plant, rather than the imported machinery itself. The arrangement did not require exclusive import of machinery from the overseas supplier, and the imported components formed only part of the broader project. Applying the Supreme Court's comparable valuation reasoning, the contrary view was treated as factually distinguishable. As the know-how fee was not part of import value, the consequential duty demand, redemption fine and penalty had no sustainable basis. en-us Tue, 15 Dec 2015 00:00:00 +0530 Thu, 24 Dec 2015 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269897 A lump sum technical know-how fee paid under a post-import technology transfer arrangement was not includible in the assessable value of imported goods because the agreement covered design, drawings, training and erection assistance for an instant coffee plant, rather than the imported machinery itself. The arrangement did not require exclusive import of machinery from the overseas supplier, and the imported components formed only part of the broader project. Applying the Supreme Court's comparable valuation reasoning, the contrary view was treated as factually distinguishable. As the know-how fee was not part of import value, the consequential duty demand, redemption fine and penalty had no sustainable basis. Case-Laws Customs Tue, 15 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269897