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TMI Blog2024 (10) TMI 1633X X X X Extracts X X X X X X X X Extracts X X X X ..... Excise Appeal No. 55698 of 2023 - Final Order Nos. 58858-58860/2024 X X X X Extracts X X X X X X X X Extracts X X X X ..... Vaidyanathan, Advocate. For the Department : Shri Rakesh Agarwal, Authorized Representative (DR). ORDER JUSTICE DILIP GUPTA The issue involved in all the three aforesaid appeals that have been filed by vendors of Maruti Suzuki India Limited [Maruti], which is engaged in the manufacture of motor vehicles and procures the desired parts and components from vendors, is whether the notional cost ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ued, the vendor prepares detailed drawings and designs for the products to be supplied, corresponding to the specifications received from Maruti. The final products are then manufactured with the help of detailed drawings and designs prepared by the vendors. According to the vendors, the cost incurred by them towards the manufacturing activity includes the development cost incurred in the preparat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gns supplied free of cost by Maruti to the potential vendors should be included in the assessable value of the parts or components manufactured by the vendors and cleared to Maruti for their motor vehicles. 5. This issue was examined at length by this bench of the Tribunal in Denso India Private Limited versus Additional Director General (Adjudication)3 and it has been held that: "50. The inevi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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