https://www.taxtmi.com/caselaws?id=30373 Licence fee, franchise fee and royalty paid to a foreign supplier were treated as includible in the assessable value of imported goods under Rule 9(1)(c) of the Customs Valuation Rules, 1988, because the agreement tied the goods to the franchise arrangement. The right to use technical know-how, patent, brand name and other proprietary inputs formed part of the commercial terms governing supply, and the goods had to be procured and used according to the franchisor's specifications. Those payments were therefore regarded as amounts paid in relation to the imported goods as a condition of sale, and added to the invoice value for valuation purposes. en-us Fri, 25 Apr 2008 00:00:00 +0530 Sat, 23 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30373 Licence fee, franchise fee and royalty paid to a foreign supplier were treated as includible in the assessable value of imported goods under Rule 9(1)(c) of the Customs Valuation Rules, 1988, because the agreement tied the goods to the franchise arrangement. The right to use technical know-how, patent, brand name and other proprietary inputs formed part of the commercial terms governing supply, and the goods had to be procured and used according to the franchisor's specifications. Those payments were therefore regarded as amounts paid in relation to the imported goods as a condition of sale, and added to the invoice value for valuation purposes. Case-Laws Customs Fri, 25 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30373