https://www.taxtmi.com/caselaws?id=757946 CESTAT Kolkata held that licence fees and management fees paid by the appellant to related parties were not includible in the assessable value of imported goods. The licence fee for trademark affixation on finished goods manufactured by the appellant was unrelated to the imported goods and not a condition precedent for their sale. Similarly, management fees represented reimbursement for administrative services from group companies and were not contingent upon importation. Under Rule 10(1)(c) of Valuation Rules, only royalties and licence fees directly related to imported goods and required as a condition of sale must be added to transaction value. The impugned order was set aside and appeal allowed. en-us Tue, 03 Sep 2024 00:00:00 +0530 Wed, 04 Sep 2024 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757946 CESTAT Kolkata held that licence fees and management fees paid by the appellant to related parties were not includible in the assessable value of imported goods. The licence fee for trademark affixation on finished goods manufactured by the appellant was unrelated to the imported goods and not a condition precedent for their sale. Similarly, management fees represented reimbursement for administrative services from group companies and were not contingent upon importation. Under Rule 10(1)(c) of Valuation Rules, only royalties and licence fees directly related to imported goods and required as a condition of sale must be added to transaction value. The impugned order was set aside and appeal allowed. Case-Laws Customs Tue, 03 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757946