https://www.taxtmi.com/highlights?id=33774 Valuation - The royalty charges paid in respect of technical knowhow would be includible in the cost, irrespective of the fact that the same are paid at the time of sale. The measure of the royalty on the basis of sale price is just a convenient mechanism to measure the royalty payable on account of transfer of technical knowhow. - AT en-us Wed, 15 Mar 2017 12:15:54 +0530 Wed, 15 Mar 2017 12:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33774 Valuation - The royalty charges paid in respect of technical knowhow would be includible in the cost, irrespective of the fact that the same are paid at the time of sale. The measure of the royalty on the basis of sale price is just a convenient mechanism to measure the royalty payable on account of transfer of technical knowhow. - AT Highlights Central Excise Wed, 15 Mar 2017 12:15:54 +0530 https://www.taxtmi.com/highlights?id=33774