https://www.taxtmi.com/caselaws?id=445334 Royalty paid under a licence agreement is not includible in the assessable value of imported goods where the declared import price is accepted as the transaction value and the relationship between importer and supplier is found not to have influenced pricing. The price matched the supplier's price lists, and no nexus was shown between the royalty obligation and the imported goods. Because the royalty related to manufacture of pantographs and was not shown to be a condition of sale, Rule 10(1)(c) of the Customs Valuation Rules, 2007 could not be used to load the royalty into customs value. en-us Fri, 03 Nov 2023 00:00:00 +0530 Thu, 04 Apr 2024 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445334 Royalty paid under a licence agreement is not includible in the assessable value of imported goods where the declared import price is accepted as the transaction value and the relationship between importer and supplier is found not to have influenced pricing. The price matched the supplier's price lists, and no nexus was shown between the royalty obligation and the imported goods. Because the royalty related to manufacture of pantographs and was not shown to be a condition of sale, Rule 10(1)(c) of the Customs Valuation Rules, 2007 could not be used to load the royalty into customs value. Case-Laws Customs Fri, 03 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445334