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Central Excise - Highlights / Catch Notes

Home Highlights October 2021 Year 2021 This

Valuation - inclusion of value of software in the assessable ...

Central Excise

October 22, 2021

Valuation - inclusion of value of software in the assessable value during clearances of telecom equipment or not - At the time of hearing, the Bench had directed the parties to furnish further details of the equipment as well as the software to understand the issue. However, both the parties were not able to furnish facts regarding the finished product. The description of the product in the form of brochures, pamphlets, photographs, etc., would help to bring out the nature of the software used in the telecom equipment. - Matter restored back - AT

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