https://www.taxtmi.com/caselaws?id=48960 Royalty under a technical collaboration agreement was held not includible in the invoice value of imported capital goods and raw materials under the Customs Valuation Rules, 1988, because the payments were for training, technical information, intellectual property use and manufacturing assistance, not for importation of the goods. The licence related to manufacture and sale of the product in India, and the facts did not show that royalty was a condition of sale or that the imported goods were directly linked to the royalty payment. The valuation based on inclusion of the royalty amounts was therefore unsustainable. en-us Fri, 06 Jun 2003 00:00:00 +0530 Sat, 07 Aug 2010 13:53:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48960 Royalty under a technical collaboration agreement was held not includible in the invoice value of imported capital goods and raw materials under the Customs Valuation Rules, 1988, because the payments were for training, technical information, intellectual property use and manufacturing assistance, not for importation of the goods. The licence related to manufacture and sale of the product in India, and the facts did not show that royalty was a condition of sale or that the imported goods were directly linked to the royalty payment. The valuation based on inclusion of the royalty amounts was therefore unsustainable. Case-Laws Customs Fri, 06 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48960