https://www.taxtmi.com/caselaws?id=337888 Royalty and technical know-how payments in the assessable value of imported goods required fresh examination because the agreement had not been properly analysed for its practical effect and any condition of sale. The Tribunal noted that the arrangement transferred technical know-how, designs, drawings and engineering information, while also imposing confidentiality restrictions on the importer. It held that the question whether the importer could source materials or components from parties other than the foreign collaborator needed deeper scrutiny. The impugned order was set aside and the matter remitted to the original adjudicating authority for de novo consideration without being influenced by prior findings. en-us Tue, 27 Dec 2016 00:00:00 +0530 Thu, 19 Jan 2017 21:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337888 Royalty and technical know-how payments in the assessable value of imported goods required fresh examination because the agreement had not been properly analysed for its practical effect and any condition of sale. The Tribunal noted that the arrangement transferred technical know-how, designs, drawings and engineering information, while also imposing confidentiality restrictions on the importer. It held that the question whether the importer could source materials or components from parties other than the foreign collaborator needed deeper scrutiny. The impugned order was set aside and the matter remitted to the original adjudicating authority for de novo consideration without being influenced by prior findings. Case-Laws Customs Tue, 27 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337888