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CESTAT ruled that specifications, designs, and drawings provided by manufacturer M to vendors for manufacturing vehicle components should not be included in assessable value under Section 4 of Central Excise Act and Rule 6 of Valuation Rules. The Tribunal distinguished between mere specifications and detailed engineering drawings, holding that only when there exists a contract of sale can additional elements be considered as consideration. The specifications provided were merely dimensional requirements for component fitment rather than additional consideration. The Tribunal emphasized that materials supplied by buyers before identifying potential manufacturers cannot constitute additional consideration. Appeal allowed, rejecting inclusion of notional cost of specifications in assessable value.
CESTAT ruled that specifications, designs, and drawings provided by manufacturer M to vendors for manufacturing vehicle components should not be included in assessable value under Section 4 of Central Excise Act and Rule 6 of Valuation Rules. The Tribunal distinguished between mere specifications and detailed engineering drawings, holding that only when there exists a contract of sale can additional elements be considered as consideration. The specifications provided were merely dimensional requirements for component fitment rather than additional consideration. The Tribunal emphasized that materials supplied by buyers before identifying potential manufacturers cannot constitute additional consideration. Appeal allowed, rejecting inclusion of notional cost of specifications in assessable value.
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