https://www.taxtmi.com/caselaws?id=198504 Technical know-how fee, technical assistance fee and royalty paid under a collaboration agreement were not includible in the assessable value of imported goods because they were shown to relate to transfer of technical information, training, guidance and manufacturing support in India, not to the imported material or capital goods. The royalty was computed on net ex-works sales price after excluding imported raw materials, taxes and duties, and no term made the payments a condition of sale of the imports. On those facts, the customs valuation rule relied on by Revenue did not justify addition of the collaboration payments, and the Revenue appeal failed. en-us Mon, 07 Nov 2016 00:00:00 +0530 Fri, 02 Feb 2018 09:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198504 Technical know-how fee, technical assistance fee and royalty paid under a collaboration agreement were not includible in the assessable value of imported goods because they were shown to relate to transfer of technical information, training, guidance and manufacturing support in India, not to the imported material or capital goods. The royalty was computed on net ex-works sales price after excluding imported raw materials, taxes and duties, and no term made the payments a condition of sale of the imports. On those facts, the customs valuation rule relied on by Revenue did not justify addition of the collaboration payments, and the Revenue appeal failed. Case-Laws Customs Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198504