Valuation - advertisement by the dealers cannot be called as ...

Dealer Ads Promote Dealer, Not Goods; Ad Costs Not Additional Consideration for Product Valuation. Demand on Valuation Issue Dismissed.

October 12, 2015

Case Laws Central Excise AT

Valuation - advertisement by the dealers cannot be called as advertisements for the manufactured goods but are advertisements of the dealer - the said amount cannot be considered as additional consideration - demand set aside - AT

View Source

← Previous Next →

Valuation - advertisement by the dealers cannot be called as ...

Dealer Ads Promote Dealer, Not Goods; Ad Costs Not Additional Consideration for Product Valuation. Demand on Valuation Issue Dismissed.

October 12, 2015

Case Laws Central Excise AT

You may also like:

Authorised Dealers (AD Category-I banks and AD Category-II entities) can facilitate remittances based on online/physical submission of Form A2 without any limit on...

The Reserve Bank of India (RBI) has discontinued the requirement for Authorized Dealer Category-I (AD Category-I) banks to submit a monthly return on the Liberalised...

The Reserve Bank of India (RBI) issued Circular No. 05 on May 08, 2024, regarding Margin for Derivative Contracts. This circular supersedes the previous Circular No. 10...

Ad hoc disallowance of 10% of expenses - Since the AO or the Ld. CIT(A) has not rejected the books of account of the assessee they could not have estimated (ad hoc...

Disallowance on an ad-hoc basis - in the absence of necessary documentary evidence the AO had no alternative except to make the disallowance on an ad-hoc basis.

Enhancement of Anti Dumping Duty - rubber chemicals known as PX13 (6 PPD) - The injury to the domestic industry is likely to recur in case the present AD duties are not...

Valuation - inclusion of after sale service charges, reimbursed by the appellants to their dealers - It is beyond imagination as to how these amounts constitute flow of...

The Reserve Bank of India (RBI) issued Circular No. 11 on June 11, 2024, allowing Scheduled Commercial Banks with AD Category-I license to open additional current...

Method of Valuation - assessable value adopted for payment of duty is lower than the actual cost of manufacture of said products - there is no flow back of additional...

Transfer of ESOP/ESPP/RSU by foreign holding company to employees of domestic subsidiary company does not attract GST where no additional fee, markup or commission is...

Increase in cost of materials consumed due to higher exchange rate for purchases compared to previous year. Adequate explanation provided by assessee regarding increase...

Notification regarding exemption of duties of Central Excise against scrips issued under the RoSCTL scheme and additional ad-hoc incentive for apparel and made-ups sector.

Notification regarding exemption of duties of Customs against scrips issued under the 2% Additional ad hoc incentive for mobile phones.

Legality and correctness of levy of Anti-Dumping duties - digital plates imported from China and Japan - The rate of return, costing parameters, differential treatment...

Valuation - includability or otherwise of the value of the free-of- cost components - Normally, the cost price of a product would take into account the purchase cost of...

Quick Updates: