Assessable value inclusion of ancillary charges prevents evasion and mandates recovery of unpaid excise duty on photocopying machines. Manufacturers of photocopying machines have been omitting advertising charges, after sales service/warranty charges and the value of toner from the assessable value for excise duty, prompting the Board to direct field formations to detect such undervaluation and take action to recover any differential amount of duty identified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Assessable value inclusion of ancillary charges prevents evasion and mandates recovery of unpaid excise duty on photocopying machines.
Manufacturers of photocopying machines have been omitting advertising charges, after sales service/warranty charges and the value of toner from the assessable value for excise duty, prompting the Board to direct field formations to detect such undervaluation and take action to recover any differential amount of duty identified.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
