Royalty is not payable in Instances of Trading of imported Finished Goods and on Goods repacked in India: CESTAT [Read Order]

The bench observed that addition of payment made towards royalty can be made only in cases where the goods have been manufactured from the raw material imported by using the trade secret license under license agreement
Royalty - payable - Instances - Trading of imported Finished Goods - Goods repacked - India - CESTAT - taxscan

A two member bench of Customs Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that royalty is not payable in instances of trading of imported finished goods and on goods repacked in India and it is only for use of technology to produce the products in India. The bench observed that royalty…

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