https://www.taxtmi.com/caselaws?id=341227 The appeal before the Appellate Tribunal CESTAT MUMBAI involved the includibility of a lump sum technical know-how fee in imported goods valuation. The Tribunal ruled in favor of the appellants, stating that the fee was not related to the equipment and machinery directly purchased but rather to setting up the production line for manufacturing products. As the fee was not linked to the imported goods, it was not to be added to their valuation. The appeal was allowed, emphasizing the distinction between technical know-how for production processes and physical goods imported. en-us Thu, 29 Sep 2016 00:00:00 +0530 Wed, 05 Apr 2017 07:03:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341227 The appeal before the Appellate Tribunal CESTAT MUMBAI involved the includibility of a lump sum technical know-how fee in imported goods valuation. The Tribunal ruled in favor of the appellants, stating that the fee was not related to the equipment and machinery directly purchased but rather to setting up the production line for manufacturing products. As the fee was not linked to the imported goods, it was not to be added to their valuation. The appeal was allowed, emphasizing the distinction between technical know-how for production processes and physical goods imported. Case-Laws Customs Thu, 29 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341227