https://www.taxtmi.com/caselaws?id=30292 Technical know-how fee and royalty paid under the collaboration agreement were held not to form part of the assessable value of the imported raw materials. The agreement was concerned with granting technical know-how and a licence to manufacture finished goods, while the raw materials could be sourced from the collaborator or elsewhere subject only to technical specifications. Because there was no condition linking the sale price of the imported materials to payment of know-how or royalty, and no evidence that the price was influenced by the parties' relationship, those payments were treated as consideration for the manufacturing licence alone and excluded from customs valuation. en-us Tue, 05 Feb 2008 00:00:00 +0530 Mon, 21 Oct 2019 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30292 Technical know-how fee and royalty paid under the collaboration agreement were held not to form part of the assessable value of the imported raw materials. The agreement was concerned with granting technical know-how and a licence to manufacture finished goods, while the raw materials could be sourced from the collaborator or elsewhere subject only to technical specifications. Because there was no condition linking the sale price of the imported materials to payment of know-how or royalty, and no evidence that the price was influenced by the parties' relationship, those payments were treated as consideration for the manufacturing licence alone and excluded from customs valuation. Case-Laws Customs Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30292