Royalty not includible in assessable value as relationship has not influenced price

Commissioner of Customs Vs Michelin India Pvt Ltd (CESTAT Chennai) CESTAT Chennai held that inclusion of royalty and technical know-how in the assessable value of the imported products unjustified as relationship has not influenced the pricing pattern. Facts- The Respondent requested for registration in Special Valuation Branch (SVB) for their imports from M/s. Manufacture Francaise Des Pneumatiques Mechelin (MFPM), France and its group companies and subsidiaries. Notably, it was held by the adjudicating authority that the royalty paid by Respondent during 2014-2015 to the overseas supplier an...