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2020 (3) TMI 833 - AT - Central ExciseValuation - includibility - whether such tools supplied free of cost by M/s Tata Motors Ltd. would get included in the cost of parts on proportionate basis? - HELD THAT:- Larger Bench decision of the Tribunal in the case of MUTUAL INDUSTRIES LTD. VERSUS COLLECTOR OF CENTRAL EXCISE, MUMBAI [2000 (3) TMI 74 - CEGAT, COURT NO. I, NEW DELHI] where it was held that Proposition that such inclusion need not be made when after successive income tax depreciation cost of the moulds become zero, not acceptable. Time Limitation - HELD THAT:- The appellant being manufacturer of motor vehicles part, the cost of the tools has to be included in the assessable value of the parts. As such, there are no infirmity in the invocation of the longer period of limitation. Appeal dismissed - decided against appellant.
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