https://www.taxtmi.com/caselaws?id=421340 Royalty may be added to the transaction value of imported goods only where it is shown to be actually paid to the foreign supplier and to constitute a condition of sale. On the record available, there was no royalty agreement, and the financial statements, chartered accountant's certificate, and ledger entries did not conclusively establish actual payment or its continuing nexus with the import sale. The existing material was therefore insufficient for straight inclusion of the royalty amount in valuation, and the matter was remanded to the adjudicating authority for fresh examination of payment, reversal, and their effect on assessable value. en-us Wed, 20 Apr 2022 00:00:00 +0530 Fri, 22 Apr 2022 08:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421340 Royalty may be added to the transaction value of imported goods only where it is shown to be actually paid to the foreign supplier and to constitute a condition of sale. On the record available, there was no royalty agreement, and the financial statements, chartered accountant's certificate, and ledger entries did not conclusively establish actual payment or its continuing nexus with the import sale. The existing material was therefore insufficient for straight inclusion of the royalty amount in valuation, and the matter was remanded to the adjudicating authority for fresh examination of payment, reversal, and their effect on assessable value. Case-Laws Customs Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421340