TMI Blog2015 (4) TMI 1131X X X X Extracts X X X X X X X X Extracts X X X X ..... ctivity will not form part of the assessable value? - Held that:- We find that it is not disputed by the Revenue that the contract receipt is relating to erection, installation and commissioning charges for the transformer and voltage stabilizer. The said erection, installation and commissioning is done by the appellant in the customer’s premises. Further the goods when cleared from the factory ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oltage Stabilizer. They are clearing the same on payment of duty. However these goods are transported by the appellant to the buyers premises and there these are required to be installed/commissioned. Appellant is receiving certain amount for the said erection and commission, as contract receipts. Revenue has issued demand notice on the ground that the said charges will form part of assessable va ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... part of the assessable value. It is further submitted that Board vide Circular No. 643/34/2002-CX dt. 1/7/2002 has clarified so on point No. 10. It was submitted that transaction value would include the price actual paid or payable for the goods, when sold and includes in addition to the amount charged as price, any amount that the buyer if liable to pay by reason of or in connection with the sal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relating to erection, installation and commissioning charges for the transformer and voltage stabilizer. The said erection, installation and commissioning is done by the appellant in the customer s premises. Further the goods when cleared from the factory are ready to use and complete in all respects. Erection, installation and commissioning in the present facts and circumstances of the case cann ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
