https://www.taxtmi.com/caselaws?id=85946 In excise valuation of copiers, toner and developer were treated as consumables used in operation and not essential component parts, so their value was excluded from assessable value. The selenium drum and cleaning cassette were held indispensable to the copier's function and supplied as part of the contracted transaction, so their value was includible. The stand price was not wholly includible, but the excess over a reasonable stand value was treated as additional consideration for the copiers and brought into assessable value. Findings of suppression and under-valuation justified penalty, which was sustained. en-us Mon, 07 Oct 1996 00:00:00 +0530 Tue, 09 Aug 2011 11:54:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85946 In excise valuation of copiers, toner and developer were treated as consumables used in operation and not essential component parts, so their value was excluded from assessable value. The selenium drum and cleaning cassette were held indispensable to the copier's function and supplied as part of the contracted transaction, so their value was includible. The stand price was not wholly includible, but the excess over a reasonable stand value was treated as additional consideration for the copiers and brought into assessable value. Findings of suppression and under-valuation justified penalty, which was sustained. Case-Laws Central Excise Mon, 07 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85946