https://www.taxtmi.com/caselaws?id=54390 Technical know-how fee and royalty paid under a technical assistance agreement were held not to form part of the assessable value of imported goods because the agreement related to manufacture in India, not to the imported components themselves. Under Rule 9(1)(c) of the Customs Valuation Rules, 1988, only royalties or licence fees relating to the imported goods and payable as a condition of sale are includible in transaction value. As no clause made such payment a condition of sale of the imports, the charges were excluded from assessable value. en-us Fri, 12 Aug 2005 00:00:00 +0530 Tue, 19 Oct 2010 18:00:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54390 Technical know-how fee and royalty paid under a technical assistance agreement were held not to form part of the assessable value of imported goods because the agreement related to manufacture in India, not to the imported components themselves. Under Rule 9(1)(c) of the Customs Valuation Rules, 1988, only royalties or licence fees relating to the imported goods and payable as a condition of sale are includible in transaction value. As no clause made such payment a condition of sale of the imports, the charges were excluded from assessable value. Case-Laws Customs Fri, 12 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54390