https://www.taxtmi.com/caselaws?id=50081 Shareholding alone does not establish a related-person relationship for customs valuation between an Indian importer and a foreign collaborator, and declared transaction value cannot be disregarded on that basis. Royalty or licence fee paid under a technological agreement is includible in the assessable value only when it is payable in relation to the imported goods; payments tied instead to manufacture in India and technical assistance are outside the customs assessable value. On that reasoning, the valuation orders were unsustainable and the importer was entitled to relief. en-us Thu, 20 Jul 2000 00:00:00 +0530 Thu, 19 Aug 2010 16:37:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50081 Shareholding alone does not establish a related-person relationship for customs valuation between an Indian importer and a foreign collaborator, and declared transaction value cannot be disregarded on that basis. Royalty or licence fee paid under a technological agreement is includible in the assessable value only when it is payable in relation to the imported goods; payments tied instead to manufacture in India and technical assistance are outside the customs assessable value. On that reasoning, the valuation orders were unsustainable and the importer was entitled to relief. Case-Laws Customs Thu, 20 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50081