https://www.taxtmi.com/caselaws?id=375880 Royalty and lump-sum licence fee under a technical assistance agreement were examined for inclusion in the assessable value of imported goods under customs valuation rules. One view held the payments were for manufacture of finished products, not a condition of sale of the imported components, because the importer was not required to source goods only from the licensors and the royalty was linked to net sale price after deduction of imported components; on that view, addition to import value was not attracted. The contrary view found a nexus between the imported components and the royalty formula, treating the payments as connected with the sale arrangement. The matter was not finally resolved and was referred to a Third Member. en-us Mon, 04 Feb 2019 00:00:00 +0530 Thu, 20 Jun 2019 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375880 Royalty and lump-sum licence fee under a technical assistance agreement were examined for inclusion in the assessable value of imported goods under customs valuation rules. One view held the payments were for manufacture of finished products, not a condition of sale of the imported components, because the importer was not required to source goods only from the licensors and the royalty was linked to net sale price after deduction of imported components; on that view, addition to import value was not attracted. The contrary view found a nexus between the imported components and the royalty formula, treating the payments as connected with the sale arrangement. The matter was not finally resolved and was referred to a Third Member. Case-Laws Customs Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375880