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Customs - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Valuation of imported goods - it is necessary to re-examine the ...


Re-examine license agreement and supply contract to assess if increased royalty adjusts component price for customs compliance.

September 21, 2017

Case Laws     Customs     AT

Valuation of imported goods - it is necessary to re-examine the matter of both license agreement as well as supply contract simultaneously, to see if the enhanced royalty was in the guise of adjustment of the price of components.

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