https://www.taxtmi.com/caselaws?id=51160 Royalty and technical know-how fees payable under a collaboration agreement were not includible in the assessable value of imported capital goods, spares and raw materials because no legal nexus with the imported goods was established. The agreement linked the payments to manufacture in India of licensed products and use of technical information, brand name, patent and trademark rights, while the sourcing clause did not make the fees part of the import price. As the imports represented their own full value and the payments were not a condition of sale for the imported goods, the Customs Valuation Rules, 1988 did not apply to add those amounts to assessable value. en-us Tue, 12 Feb 2002 00:00:00 +0530 Thu, 23 Sep 2010 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51160 Royalty and technical know-how fees payable under a collaboration agreement were not includible in the assessable value of imported capital goods, spares and raw materials because no legal nexus with the imported goods was established. The agreement linked the payments to manufacture in India of licensed products and use of technical information, brand name, patent and trademark rights, while the sourcing clause did not make the fees part of the import price. As the imports represented their own full value and the payments were not a condition of sale for the imported goods, the Customs Valuation Rules, 1988 did not apply to add those amounts to assessable value. Case-Laws Customs Tue, 12 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51160