https://www.taxtmi.com/caselaws?id=52341 A technical licence fee paid for the right to manufacture licensed products in India was not includible in the assessable value of imported capital goods, consumables, components and parts under the Customs Valuation Rules, 1988. The decisive factor was the absence of a sufficient nexus between the lump sum fee and the import transaction: the fee related to manufacture of the licensed products, not to the imported goods themselves. Applying the larger bench view that technical know-how fees connected only with manufacture are not added to import value, the contrary precedent was treated as inapplicable on these facts, and the valuation addition was unsustainable. en-us Wed, 03 Sep 2003 00:00:00 +0530 Tue, 09 Jul 2024 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52341 A technical licence fee paid for the right to manufacture licensed products in India was not includible in the assessable value of imported capital goods, consumables, components and parts under the Customs Valuation Rules, 1988. The decisive factor was the absence of a sufficient nexus between the lump sum fee and the import transaction: the fee related to manufacture of the licensed products, not to the imported goods themselves. Applying the larger bench view that technical know-how fees connected only with manufacture are not added to import value, the contrary precedent was treated as inapplicable on these facts, and the valuation addition was unsustainable. Case-Laws Customs Wed, 03 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52341