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2013 (11) TMI 885 - CESTAT MUMBAIValuation of goods - Royalty payment of goods - Held that:- As per the terms and conditions of the license agreement, the royalty payment is for the use of trade mark and the cost of raw materials/components imported by the appellant from the foreign principal or from their subsidiary/affiliated companies is excluded while computing royalty. In other words the royalty paid has no nexus either with the price of the imported components nor it is a condition of sale of the imported components. Therefore, the question of adding the royalty either under Rule 9(1)(c)/10(1)(c) or 9(1)(d)/10(1)(d) of the Customs Valuation Rules, 1988/2007 does not arise and transaction value has to be accepted - Decided in favour of assessee.
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