Valuation - transmission towers - inclusion of value of nuts and ...

Transmission Tower Valuation Excludes Nuts and Bolts; Trading Activity Not Subject to Duty or Value Inclusion.

July 29, 2018

Case Laws Central Excise AT

Valuation - transmission towers - inclusion of value of nuts and bolts in assessable value - The transaction of the nuts and bolts is clearly a trading activity on which neither the duty can be demanded nor the value thereof can be included in the value of transmission towers.

View Source

← Previous Next →

Valuation - transmission towers - inclusion of value of nuts and ...

Transmission Tower Valuation Excludes Nuts and Bolts; Trading Activity Not Subject to Duty or Value Inclusion.

July 29, 2018

Case Laws Central Excise AT

You may also like:

The appellant though engaged in the manufacture of Nuts and Bolts have also bought out duty paid Nuts and Bolts and thereafter they have carried out certain activities...

Demand of excise duty - bonafide belief that manufacture of threaded roof bolts and nuts are not liable to duty of excise - exclusion of bought out items - manufacturing...

Valuation - erection of towers - The value of bolts and nuts is not required to be included for the payment of excise duty especially when such bought out items were...

Denial of CENVAT Credit availed on goods which were used in the erection of transmission towers installed from the power plant to the factory for bringing in the...

Valuation - inclusion of bought out items in assessable value - The nuts and bolts etc. are optional item which is sold as a bought out item to the customers, which is...

Any activity or service like erection, commissioning and installation of transmission towers and meters as also technical testing and analysis would constitute the...

This circular modifies the framework for valuation of investment portfolios of Alternative Investment Funds (AIFs). Key changes include: Valuation of securities covered...

Import of areca nuts (betel nuts) against Duty Free Import Authorisations (DFIA) - Clearance of the subject goods i.e. Betel Nut Splits (not fit for human consumption)...

Trading activity or service activity - tenders floated by Ministry of Chemicals & Fertilizers for receiving, bagging, standardization and distribution of imported urea -...

Classification of goods - appropriate rate of GST - U-bolt - Front Spring Bolts - Spring Pins - Since in the Commercial parlance the goods in question are known as Nuts...

The HC held that telecommunication towers cannot be construed as immovable property falling within the ambit of Section 17(5)(d) of the CGST Act, rendering them...

The Securities and Exchange Board of India (SEBI) issued the (Second Amendment) Regulations in 2024 to amend the Prohibition of Insider Trading Regulations, 2015. The...

Classification of supply - Threaded metal nuts which function same as standard nut - We agree with both, the applicant as well as the jurisdictional officer that the...

Classification of import goods - The basic raw material for “Scented & Flavoured and/or Sweetened Betel Nut” is raw betel nut, which is classifiable under Chapter 8,...

CESTAT ruled in favor of appellant regarding CENVAT credit eligibility for electrical transmission tower materials and related services. The tribunal held that...

Quick Updates: