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Central Excise

Valuation of goods - It is observed that after erection of the...

Bought-out items for furnace construction excluded from central excise duty as they become part of immovable property.

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Central Excise December 19, 2023 Case Laws AT
Valuation of goods - It is observed that after erection of the furnace, the bought-out items are part of the immovable property - the value of bought out items, which are traded goods of the Appellant, are not includable in the assessable value for the purpose of charging central excise duty. - AT

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Acts Income Tax