https://www.taxtmi.com/caselaws?id=87589 The Tribunal ruled that a security deposit collected by engine and generating set manufacturers for installation work, refundable upon completion, was not includible in the assessable value. Despite the Revenue's argument that expenses during the warranty period enriched the product's value, the Tribunal differentiated between warranty charges and the specific case where no post-sale responsibility was assumed. As the deposit did not constitute a warranty or after-sales service charge, it was deemed non-includible. The appeal was allowed, the Collector's decision was overturned, and consequential relief was granted if needed. en-us Mon, 20 Oct 1997 00:00:00 +0530 Thu, 08 Sep 2011 10:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87589 The Tribunal ruled that a security deposit collected by engine and generating set manufacturers for installation work, refundable upon completion, was not includible in the assessable value. Despite the Revenue's argument that expenses during the warranty period enriched the product's value, the Tribunal differentiated between warranty charges and the specific case where no post-sale responsibility was assumed. As the deposit did not constitute a warranty or after-sales service charge, it was deemed non-includible. The appeal was allowed, the Collector's decision was overturned, and consequential relief was granted if needed. Case-Laws Central Excise Mon, 20 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87589