https://www.taxtmi.com/caselaws?id=355654 Royalty under a licence agreement was not includible in the assessable value of imported zipper parts and components because Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty is relatable to the imported goods and is a condition of sale. The agreement excluded the value of imported parts and components from the royalty base, supporting the finding that the payment was neither linked to the imported goods nor a pre-condition for their sale. The remand order did not address this factual basis or the governing principle, and a later arrangement had also been accepted in favour of the assessee. en-us Mon, 08 Jan 2018 00:00:00 +0530 Fri, 16 Feb 2018 07:16:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355654 Royalty under a licence agreement was not includible in the assessable value of imported zipper parts and components because Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty is relatable to the imported goods and is a condition of sale. The agreement excluded the value of imported parts and components from the royalty base, supporting the finding that the payment was neither linked to the imported goods nor a pre-condition for their sale. The remand order did not address this factual basis or the governing principle, and a later arrangement had also been accepted in favour of the assessee. Case-Laws Customs Mon, 08 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355654