https://www.taxtmi.com/caselaws?id=54514 A lump sum technical licence fee paid to a foreign supplier was held not to form part of the assessable value of imported capital goods under the Customs Valuation Rules. The fee related to technical information and the manufacture of contract products in India, not to the imported goods themselves, and there was no material showing that payment of the fee was a condition of sale of those goods. As the statutory requirements for inclusion in transaction value were not met, the fee was excluded from assessable value and the issue was decided in favour of the assessee. en-us Tue, 05 Jul 2005 00:00:00 +0530 Wed, 20 Oct 2010 14:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54514 A lump sum technical licence fee paid to a foreign supplier was held not to form part of the assessable value of imported capital goods under the Customs Valuation Rules. The fee related to technical information and the manufacture of contract products in India, not to the imported goods themselves, and there was no material showing that payment of the fee was a condition of sale of those goods. As the statutory requirements for inclusion in transaction value were not met, the fee was excluded from assessable value and the issue was decided in favour of the assessee. Case-Laws Customs Tue, 05 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54514