https://www.taxtmi.com/caselaws?id=178521 Royalty payable under a licence and technical assistance agreement was held not includible in the assessable value of imported raw materials and components because inclusion under the Customs Valuation Rules, 2007 requires a nexus with the imported goods and proof that the payment is a condition of sale under Rule 10(1)(c) or Rule 10(1)(e). The department failed to establish either requirement, so the transaction value could not be disturbed under Section 14(1)(a) of the Customs Act, 1962 and the value enhancement was unsustainable. en-us Tue, 12 Mar 2013 00:00:00 +0530 Mon, 08 Feb 2016 11:20:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178521 Royalty payable under a licence and technical assistance agreement was held not includible in the assessable value of imported raw materials and components because inclusion under the Customs Valuation Rules, 2007 requires a nexus with the imported goods and proof that the payment is a condition of sale under Rule 10(1)(c) or Rule 10(1)(e). The department failed to establish either requirement, so the transaction value could not be disturbed under Section 14(1)(a) of the Customs Act, 1962 and the value enhancement was unsustainable. Case-Laws Customs Tue, 12 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178521