https://www.taxtmi.com/caselaws?id=343761 Technical know-how fees and running royalty under a licence agreement were held not to form part of the customs assessable value because the payments were linked to manufacture, marketing and sale of the licensed products, not to the import of the components themselves. The condition under Rule 9(1)(c) that such payments be made, directly or indirectly, as a condition of sale of the imported goods was not satisfied. Applying the Supreme Court principle in Ferodo India, royalty or licence fee is includible only when it forms part of the price of the imported goods as a condition of sale. en-us Mon, 08 May 2017 00:00:00 +0530 Fri, 21 Jul 2017 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343761 Technical know-how fees and running royalty under a licence agreement were held not to form part of the customs assessable value because the payments were linked to manufacture, marketing and sale of the licensed products, not to the import of the components themselves. The condition under Rule 9(1)(c) that such payments be made, directly or indirectly, as a condition of sale of the imported goods was not satisfied. Applying the Supreme Court principle in Ferodo India, royalty or licence fee is includible only when it forms part of the price of the imported goods as a condition of sale. Case-Laws Customs Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343761