https://www.taxtmi.com/caselaws?id=33089 Royalty payable for the right to exploit and distribute imported pre-recorded cassettes and CDs was held includible in customs assessable value under Rule 9(1)(c) of the Customs Valuation Rules, 1988 where the agreement linked payment to retail price and net sales and made it payable on terms showing a direct nexus with importation and sale. The Tribunal treated the royalty as a condition of sale rather than a separate post-import commercial charge and upheld its addition to the transaction value, declining to follow contrary Tribunal decisions in view of the High Court authority placed before it. en-us Thu, 16 Oct 2008 00:00:00 +0530 Tue, 21 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33089 Royalty payable for the right to exploit and distribute imported pre-recorded cassettes and CDs was held includible in customs assessable value under Rule 9(1)(c) of the Customs Valuation Rules, 1988 where the agreement linked payment to retail price and net sales and made it payable on terms showing a direct nexus with importation and sale. The Tribunal treated the royalty as a condition of sale rather than a separate post-import commercial charge and upheld its addition to the transaction value, declining to follow contrary Tribunal decisions in view of the High Court authority placed before it. Case-Laws Customs Thu, 16 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33089