Royalty and Franchise Fees Included in Valuation of Imported Goods Under Customs Act, 1962.

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Full Text of the Document

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....Valuation of imported goods - inclusion of royalty charge and franchisee fees - Once the goods have been cleared from the Customs area the same is not required to be treated as imported goods and all the activities of the management, consultation etc. is relatable to the goods which is ceased to be imported goods in terms of the Customs Act, 1962.....