9911796707
TMI Blog2007 (4) TMI 105X X X X Extracts X X X X X X X X Extracts X X X X ..... ted by the assessee was an additional consideration and to be added in the assessable value of the goods - Held that department contention was not correct and set aside X X X X Extracts X X X X X X X X Extracts X X X X ..... ld that there was no dispute about the fact that collection of 1% invoice value by the appellant was the recovery of expenses incurred by the appellant for buying gift items on behalf of distributors/agents. He, therefore, held that recovery of 1% on fabrics value was for the purpose other than in respect of the value of goods manufactured by the appellants and hence the same could not form part o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s not found it proper to do it though there no objection for Agents and Dealers taking their own initiatives for this. We therefore met and decided to introduce a scheme under the title VIMAL MILLENNIUM FORTUNE (VMFS). The details of the scheme will be submitted to you by the Agents. However, as individual dealer, arranging procurement of these gift items by us will not economise the operations. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts; dealers are seeking help from staff of the respondent to manage and service the scheme. The findings of the original authority also confirmed that the scheme was meant for buying the gifts for dealers and distributors. If the money received from the dealers and distributors is spent on their behalf, the same can not be treated as additional consideration flowing back to the manufacturer. There ..... X X X X Extracts X X X X X X X X Extracts X X X X
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