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2018 (1) TMI 820 - AT - Central ExciseValuation - amortization of cost of patterns - appellants amortized the entire cost of these patterns against the first Purchase Order received from M/s.Bharat Earth Movers Ltd. (BEML) for supply of 75 pieces of the castings - The department entertained the view that appellant ought to have amortized the cost of patterns against supply of all castings manufactured using the patterns. Held that: - the value of amortization of the pattern supplied free are to be included in the assessable value for discharging the central excise duty. The appellants have amortized the entire cost of the pattern on 75 pieces of castings - Whatever is the No. of pieces manufactured the amount involved is the cost that is ₹ 100000/- on which excise duty is paid and the quantity produced is irrelevant. Appeal dismissed.
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