Royalty not includible in Assessable Value: Not for Imported Goods or Sale Condition

Valeo Friction Materials India Ltd. Vs Commissioner of Customs (CESTAT Chennai)

We find that the issue of inclusion of Royalty in transaction value is no more Res Integra in view of the ratio of the decision in the case of Kruger Ventilation Industries (North India) Private Limited Vs. Commissioner of Customs, [2022 (5) TMI 496-CESTAT NEW DELHI] which was affirmed by the Hon’ble Supreme Court, as relied upon by the Ld. Counsel for the Appellant. We also find that the ratio of the following decisions supports the cause of the Appellant:-

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