Valuation - inclusion of cost of design and drawing - The ...
Court Rules Design Drawings Lacking Intrinsic Value Excluded from Product Valuation for Tax Assessment.
August 22, 2018
Case Laws Central Excise AT
Valuation - inclusion of cost of design and drawing - The drawings supplied by the customers being only dimensions of the components could therefore have no value - there is no justification to hold that the cost of drawings supplied by the customers is required to be included in the assessable value of the final product.
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