Payment of management & license fee not relatable to imported goods not includible in transaction value

Schenck Process India Private Limited Vs Commissioner of Customs (Port) (CESTAT Kolkata) CESTAT Kolkata held that the payment of Management Fee and the License Fee not being relatable to the imported goods and condition precedent to the sale of imported goods are therefore not includible in the transaction value. Facts- The present appeal is filed by the assessee and the short question in the present appeal revolves around the aspect of inclusion of Licence Fee and Management Fee in the assessable value of the goods imported from related parties. Conclusion- Larger Bench of the Tribunal in th...