https://www.taxtmi.com/caselaws?id=54825 Licence and technical assistance fees payable to foreign collaborators were held not includible in the customs assessable value of imported components under Rule 9(1)(c) of the Customs Valuation Rules, 1988, because the agreements showed the payment was for technical know-how and assistance to manufacture licensed products, not consideration for any particular imported goods. The required nexus between the fee and the imports was absent, and the fee was not shown to be payable directly or indirectly as a condition of sale of those goods. Provisional assessments were directed to be finalised without adding the fee to customs value. en-us Thu, 10 Mar 2005 00:00:00 +0530 Fri, 22 Oct 2010 11:47:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54825 Licence and technical assistance fees payable to foreign collaborators were held not includible in the customs assessable value of imported components under Rule 9(1)(c) of the Customs Valuation Rules, 1988, because the agreements showed the payment was for technical know-how and assistance to manufacture licensed products, not consideration for any particular imported goods. The required nexus between the fee and the imports was absent, and the fee was not shown to be payable directly or indirectly as a condition of sale of those goods. Provisional assessments were directed to be finalised without adding the fee to customs value. Case-Laws Customs Thu, 10 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54825