https://www.taxtmi.com/caselaws?id=325703 Royalty paid under a technical know-how arrangement for manufacture of finished goods could not be loaded into the customs value of imported raw materials where the agreement did not require purchase of inputs only from the foreign collaborator and no evidence showed that import of the raw materials was conditioned on royalty payment. In the absence of a direct nexus between the royalty and the imported goods, the customs valuation provisions did not permit inclusion of the royalty in assessable value. The declared valuation was therefore restored and the loading of royalty was held impermissible. en-us Wed, 27 Jan 2016 00:00:00 +0530 Wed, 02 Nov 2016 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325703 Royalty paid under a technical know-how arrangement for manufacture of finished goods could not be loaded into the customs value of imported raw materials where the agreement did not require purchase of inputs only from the foreign collaborator and no evidence showed that import of the raw materials was conditioned on royalty payment. In the absence of a direct nexus between the royalty and the imported goods, the customs valuation provisions did not permit inclusion of the royalty in assessable value. The declared valuation was therefore restored and the loading of royalty was held impermissible. Case-Laws Customs Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325703