15% Markup Justified for Expenses and Profit; No Need to Include Royalties in Import Value Assessment.

15% Markup Justified for Expenses and Profit; No Need to Include Royalties in Import Value Assessment. https://www.taxtmi.com/highlights?id=47018 Valuation - inclusion of technical know - the original authority finds that 15% of marks up are added to cover the expenses and profit margin and therefore the relation has not influenced the prices hence there is no justification for inclusion of royalty and technical know-how in the assessable value of the imported products en-us Thu, 06 Jun 2019 10:07:54 +0530 Thu, 06 Jun 2019 10:07:54 +0530 TaxTMI RSS Generator 15% Markup Justified for Expenses and Profit; No Need to Include Royalties in Import Value Assessment. https://www.taxtmi.com/highlights?id=47018 Valuation - inclusion of technical know - the original authority finds that 15% of marks up are added to cover the expenses and profit margin and therefore the relation has not influenced the prices hence there is no justification for inclusion of royalty and technical know-how in the assessable value of the imported products Highlights Customs Thu, 06 Jun 2019 10:07:54 +0530 https://www.taxtmi.com/highlights?id=47018