20 September 2008
In case importer pays any royalty on imported raw materials for further processing to be carried on it. Whether it is to include in transaction value as per rule 10 or not.
According to explanation to rule 10 such royalty is to included not withstanding the fact that the said process is undertaken after the import.
But post importatation activities will not be included in tv as per decisions given by apex courts.
09 February 2009
Thank you for the reply.I would like to know whether position will be same in case of impoted equipments.if the royalty is payable on the goods manufactured by using that equipment.
CAclubindia
