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Central Excise - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Valuation - tooling/patterns - supplied free of cost to the ...


Court Rules Free Tooling Costs Must Be Included in Excise Valuation of Auto Parts Under Tax Law Requirements.

March 1, 2018

Case Laws     Central Excise     AT

Valuation - tooling/patterns - supplied free of cost to the appellant - the amortized value of such tooling must be added in the assessable value of the automobile parts manufactured and sold by the appellant to their customer - AT

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