https://www.taxtmi.com/caselaws?id=53936 Technical know-how fee payable for manufacture of the final product was held not to form part of the assessable value of imported raw materials under the Customs Valuation Rules. The fee had no direct nexus with the imported goods: it was not a condition of sale, there was no obligation to source the goods only from the foreign supplier, and the imports were independently priced, including by reference to London Metal Exchange values. Technical assistance for start-up and manufacturing of the finished product therefore did not justify loading the fee into the customs value, and the assessee succeeded. en-us Mon, 14 Mar 2005 00:00:00 +0530 Sat, 16 Oct 2010 10:23:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53936 Technical know-how fee payable for manufacture of the final product was held not to form part of the assessable value of imported raw materials under the Customs Valuation Rules. The fee had no direct nexus with the imported goods: it was not a condition of sale, there was no obligation to source the goods only from the foreign supplier, and the imports were independently priced, including by reference to London Metal Exchange values. Technical assistance for start-up and manufacturing of the finished product therefore did not justify loading the fee into the customs value, and the assessee succeeded. Case-Laws Customs Mon, 14 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53936