2005 (1) TMI 112 - SCH - Central Excise

Supreme Court: Camera accessories not part of assessable value. Decision affirmed.

The Supreme Court of India held that instruction manuals and leather case/soft case supplied with cameras are not to be included in the assessable value ... Valuation (Central Excise) - whether the cost of instruction manuals and leather case/soft case supplied with cameras manufactured by the Respondent is includible in the assessable value of the cameras - Held that:- The answer to the question would depend on whether the instruction manual and the leather case or the soft case can be said to be a component of the camera or whether it is merely an accessory. The Tribunal has held that these were mere accessories and therefore the value is not to be included. We see no infirmity in the Judgment of the Tribunal. We are in agreement with the view taken by the Tribunal that these are mere accessories and hence the value is not to be included - Decided against Revenue. The Supreme Court of India ruled that instruction manuals and leather case/soft case supplied with cameras are not includible in the assessable value of the cameras as they are considered mere accessories, not components. The Tribunal's decision was upheld, and the Appeals were dismissed with no order as to costs.