2005 (7) TMI 512

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..... dent. [Order per : S.S. Sekhon, Member (T)]. Appellants manufacture Petrol Bunk Pumps. Valuation of the products supplied as per purchase orders placed by Petroleum Distributing Companies on prices settled and duty paid therein without claim of any deductions is questioned. 2.(a) Rejecting the Transaction Price, the department went into invoke Rule 5 of Valuation Rules, 1975 for the .....

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..... ies. These allocations of warranty costs were proposed to be added. Hence this appeal. 3. We have heard both sides and find : (a) There is no material on record of any additional amount directly or indirectly flowing from the buyers to the sellers qua warranty or on any other head. The allocations made are only an exercise in accounting conducted by the Company amongst its three factories .....

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