9911796707
TMI Blog1998 (2) TMI 277X X X X Extracts X X X X X X X X Extracts X X X X ..... [Order per : Justice U.L. Bhat, President]. - Appellant is absent in spite of notice of hearing but has sent a request for decision of the appeal on merits. 2. Appellant filed Price List No. 14/85-86 in Part II in respect of Rotary Drilling Rig Trailer Mounted along with purchase order dated 12-2-1996 issued by Central Mine Planning & Design Institute Ltd., to the appellant and declaring a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng this contention, the Assistant Collector confirmed the demand. Appeal filed before the Collector (Appeals) having been dismissed, the present appeal has been filed. 3. The break-up of the total value of the contract is as follows :- Admitted Assessable value : Rs. 7,09,625.00 Value of Kelly and Weight Indicator Rs. 6,00,000.00 Value of Operating Equipment and accessories : Rs. 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lling Rig. The lower authorities were justified in adding the value of these items in the assessable value of the Drilling Rig. 6. The contract itself indicates the requirement of supply of one set of spares and the value as Rs. 2,11,000.00. The lower authorities did not give any reason for holding that this amount has to be included in the assessable value. The spares were imported from abr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ght indicator and rotary table has to be included in the assessable value of the drilling rig, we set aside the finding that the value of spares, operating equipment and accessories has to be added and remand the case to the jurisdictional adjudicating authority for deciding afresh whether the amount of Rs. 3,15,500.00 shown as the value of operating equipment is required in law to be added to the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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