https://www.taxtmi.com/caselaws?id=336728 Royalty paid under a technical know-how agreement was held not to form part of the assessable value of imported raw materials and components because the agreement did not require the importer to source goods exclusively from the overseas know-how supplier. The record did not establish that the royalty was a condition of sale of the imported goods, and without that restrictive nexus, loading the royalty into assessable value was not justified. The first appellate authority's order was therefore unsustainable. en-us Tue, 26 Apr 2016 00:00:00 +0530 Wed, 28 Dec 2016 07:23:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336728 Royalty paid under a technical know-how agreement was held not to form part of the assessable value of imported raw materials and components because the agreement did not require the importer to source goods exclusively from the overseas know-how supplier. The record did not establish that the royalty was a condition of sale of the imported goods, and without that restrictive nexus, loading the royalty into assessable value was not justified. The first appellate authority's order was therefore unsustainable. Case-Laws Customs Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336728