TMI Blog2020 (3) TMI 833X X X X Extracts X X X X X X X X Extracts X X X X ..... , 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 s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gaged in the manufacture of parts and accessories of motor vehicles. They were receiving various tools etc from M/s Tata Motors Ltd. for use in the production of the said auto parts. The issue required to be decided is as to whether such tools supplied free of cost by M/s Tata Motors Ltd. would get included in the cost of parts on proportionate basis. 3. The Lower Authorities while confirming t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stands made on the Hon ble Supreme Court decision in the case of Maroroku UT India (P) Ltd. V/s State of U.P. reported at 2008 (224) E.L.T. 365 (S.C.). 4. As such, we find that the issue stands decided against the assessee on merits. 5. The demand has also been challenged on the point of limitation inasmuch as the same was raised on 08 January, 2014, for the period from April, 2009 to March, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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