https://www.taxtmi.com/article/detailed?id=16906 Royalty paid to a foreign supplier is not includible in the transaction value of imported raw materials under Rule 10(1)(c) of the Customs Valuation Rules unless the agreement shows that such royalty is a condition of sale for the importation. Where the contractual terms do not establish that royalty is a pre-condition for the sale or import of the goods, and no factual material links the royalty payment directly to the import of raw materials, the royalty cannot be added to the declared import value merely because it is computed by reference to sales of the finished products. en-us Mon, 13 Jul 2026 09:20:07 +0530 Mon, 13 Jul 2026 09:20:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16906 Royalty paid to a foreign supplier is not includible in the transaction value of imported raw materials under Rule 10(1)(c) of the Customs Valuation Rules unless the agreement shows that such royalty is a condition of sale for the importation. Where the contractual terms do not establish that royalty is a pre-condition for the sale or import of the goods, and no factual material links the royalty payment directly to the import of raw materials, the royalty cannot be added to the declared import value merely because it is computed by reference to sales of the finished products. Articles Customs - Import - Export - SEZ Mon, 13 Jul 2026 09:20:07 +0530 https://www.taxtmi.com/article/detailed?id=16906