https://www.taxtmi.com/caselaws?id=54890 The Tribunal ruled in favor of the appellants, holding that the technical know-how fee and royalty should not be included in the assessable value of imported goods. The Tribunal disagreed with the Commissioner's interpretation of a "condition of sale," stating that there was no strict condition of sale present in this case. The Assent Order concurred with this decision, emphasizing that the payments were not a condition of sale but rather a requirement for granting a license to manufacture in India. Therefore, the Tribunal upheld the Commissioner's decision and dismissed the appeal regarding the inclusion of the technical know-how fee and royalty in the assessable value of the imported goods. en-us Tue, 25 Oct 2005 00:00:00 +0530 Fri, 22 Oct 2010 15:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54890 The Tribunal ruled in favor of the appellants, holding that the technical know-how fee and royalty should not be included in the assessable value of imported goods. The Tribunal disagreed with the Commissioner's interpretation of a "condition of sale," stating that there was no strict condition of sale present in this case. The Assent Order concurred with this decision, emphasizing that the payments were not a condition of sale but rather a requirement for granting a license to manufacture in India. Therefore, the Tribunal upheld the Commissioner's decision and dismissed the appeal regarding the inclusion of the technical know-how fee and royalty in the assessable value of the imported goods. Case-Laws Customs Tue, 25 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54890