9911796707
TMI Blog1996 (8) TMI 324X X X X Extracts X X X X X X X X Extracts X X X X ..... . Bhat, President]. Appellant is absent in spite of notice of hearing. We have heard Shri A.K. Agarwal, SDR and perused the papers. 2. Appellant is engaged in the manufacture of printing machines and allied goods which are sold to customers on payment of prices fixed by the appellants. In regard to some of the sales, the invoice showed that besides the price of machine, the appellants had ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a deduction from the price......Therefore, we must fall back on Notification No. 120/75, dated 30-4-1975. The notification clearly stated that only duty in excess of invoice price is exempt and therefore, as long as training charges are included in the invoice value, they are covered under Notification No. 120/75, dated 30-4-1975 and are liable to be added to the assessable value for the purposes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the invoice price as charged by the manufacturer for the sale of such goods is the invoice price. There is no dispute that the invoice in these cases shows separately the price charged for the sale of goods and the training charges due to the manufacturer. Of these amounts, it is only the price charged for the sale of the goods which is to be regarded as invoice price. The charges for training in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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