https://www.taxtmi.com/caselaws?id=54923 A technical know-how fee paid under a licence agreement for transfer of technology and information for manufacturing licensed products was not includible in the assessable value of imported components. Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty or licence fee is related to the imported goods and is payable, directly or indirectly, as a condition of their sale. As there was no nexus between the lump-sum fee and the imported components, and no contractual condition tying the payment to their sale, the addition was held unsustainable. en-us Thu, 10 Mar 2005 00:00:00 +0530 Fri, 22 Oct 2010 17:37:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54923 A technical know-how fee paid under a licence agreement for transfer of technology and information for manufacturing licensed products was not includible in the assessable value of imported components. Rule 9(1)(c) of the Customs Valuation Rules, 1988 applies only where the royalty or licence fee is related to the imported goods and is payable, directly or indirectly, as a condition of their sale. As there was no nexus between the lump-sum fee and the imported components, and no contractual condition tying the payment to their sale, the addition was held unsustainable. Case-Laws Customs Thu, 10 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54923