9911796707
TMI Blog1996 (3) TMI 310X X X X Extracts X X X X X X X X Extracts X X X X ..... In this appeal filed by M/s. Universal Wires and Industries, Patna, the issue for our consideration is whether the drawback amount which the appellants got from the Government should be included in the assessable value of the wires and cables. The appellants were engaged in the manufacture of wires and cables. Some of the wires and cables were supplied to the State Electricity Boards. The Sta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sale and that they will be getting duty drawback in respect of excisable goods sold. In their Price List they did not disclose this benefit and declared their prices shorn of this extra consideration. As it was a case of a flow back and an extra consideration, this duty drawback amount should form part of the assessable value of the excisable goods - that is wires and cables. 3. We have carefull ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ojects, there is a requirement that global tenders had to be floated. The Indian parties are eligible to offer their bid in such global tenders if they are otherwise eligible. With a view to encourage the Indian parties to bid for global tenders, as in the case of export benefits including duty drawback have been extended by the Government. When sales are effected in response to global tenders the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onsiderations for giving such an incentive and such incentives are not hit by the provisions of Section 4 of the Central Excises and Salt Act under which alone the assessable values had to be determined. The supplies to the IDR/IBRD Aided Projects are governed by separate instructions and the aid/re-imbursement is by the Government of India. 7. In the circumstances we are of the view that the du ..... X X X X Extracts X X X X X X X X Extracts X X X X
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