Despite customs law being regulated at an international level, India continues to be involved in litigations on several. One such basic question is the inclusion of royalty or license fees in the value of imported goods. Royalty or license fee, for technology and know-how related to manufacture of goods, has been the most recurring payment / transaction entered between Indian companies and their foreign counterparts since the economic reforms passed in 1991.

In this context, find attached our article titled “Royalty and license fees for customs valuation – To include or not to include?” authored by our Associate Partner, Mr. Deepak Suneja, and Associate, Ms. Deepti Dhanank.

Royalty and license fees for customs valuation – To include or not to include

Trust you find them to be an interesting read.