https://www.taxtmi.com/caselaws?id=335118 Under the Customs Valuation Rules, 2007, royalty is includible in assessable value only if it was in fact paid by the importer to the foreign collaborator as a condition of sale of the imported goods. On the importer's assertion that no royalty was actually paid, includability could not be determined merely from the contractual clause. The assessment therefore had to be finalised only after verifying the factual position on royalty payment. en-us Thu, 18 Aug 2016 00:00:00 +0530 Fri, 06 Jan 2017 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335118 Under the Customs Valuation Rules, 2007, royalty is includible in assessable value only if it was in fact paid by the importer to the foreign collaborator as a condition of sale of the imported goods. On the importer's assertion that no royalty was actually paid, includability could not be determined merely from the contractual clause. The assessment therefore had to be finalised only after verifying the factual position on royalty payment. Case-Laws Customs Thu, 18 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335118