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of <h1>Delhi High Court Suspends CBEC Circular on Including After-Sales Service Costs in Vehicle Assessable Value.</h1> The Delhi High Court addressed the inclusion of after-sales service costs in the assessable value of vehicles sold by dealers. The court reviewed the Central Board of Excise and Customs' circular, which mandated that these costs be included in the assessable value, referencing past cases like Bombay Tyre International and Phillips India Ltd. The CEGAT ruling in Mahindra & Mahindra Ltd. opposed this inclusion, stating that the dealers' margin for free after-sales services should not be part of the assessable value. The court directed the Board to reconsider its circular in light of the CEGAT decision and other relevant judgments, suspending the circular's binding effect until a new one is issued.
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