2004 (2) TMI 409

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..... or the Respondent. [Order per : Justice K.K. Usha, President]. The issue raised in these appeals at the instance of the assessee is whether the value of pattern calculated at the rate of 4% of the total value of the castings are to be included in the assessable value or not. The castings are tailor made for various customers who supplied their own patterns. The patterns are given on loan .....

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..... ibunal the Revenue is not in a position to make available the basis for the calculation. Since the claim by the assessee is based on the certificate issued by the Chartered Engineer and the Cost Accountant and there is no contra material produced by the Revenue, we find no reason to sustain the impugned order. We, therefore, set aside the orders impugned and allow the appeals. - - TaxTMI - TMIT .....

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