https://www.taxtmi.com/caselaws?id=338908 The tribunal upheld the original valuation of imported goods, dismissing the Revenue's appeal. It was determined that the royalty payments made by the importer were not a condition of sale for the imported goods, as they were for manufacturing goods in India and not directly related to the imported items. The decision highlighted that the pricing policy of foreign suppliers was based on arm's length transactions, leading to the conclusion that the royalty payments were not includible in the assessable value of the imported goods. en-us Thu, 15 Dec 2016 00:00:00 +0530 Wed, 15 Feb 2017 08:30:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338908 The tribunal upheld the original valuation of imported goods, dismissing the Revenue's appeal. It was determined that the royalty payments made by the importer were not a condition of sale for the imported goods, as they were for manufacturing goods in India and not directly related to the imported items. The decision highlighted that the pricing policy of foreign suppliers was based on arm's length transactions, leading to the conclusion that the royalty payments were not includible in the assessable value of the imported goods. Case-Laws Customs Thu, 15 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338908