https://www.taxtmi.com/caselaws?id=90220 Bought-out monitors and printers treated as trading peripherals were not includible in the assessable value of computer systems for central excise because they were accessories for effective use of the system and not manufactured as part of the excisable product. The demand was also held time-barred where classification lists had been approved and the department had knowledge of the product configuration through approvals, audits and visits. The stated principle is that distinct bought-out items do not automatically form part of the main product's assessable value, and prior approval with departmental knowledge can defeat an extended-period demand. en-us Tue, 24 Nov 1998 00:00:00 +0530 Tue, 04 Oct 2011 14:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90220 Bought-out monitors and printers treated as trading peripherals were not includible in the assessable value of computer systems for central excise because they were accessories for effective use of the system and not manufactured as part of the excisable product. The demand was also held time-barred where classification lists had been approved and the department had knowledge of the product configuration through approvals, audits and visits. The stated principle is that distinct bought-out items do not automatically form part of the main product's assessable value, and prior approval with departmental knowledge can defeat an extended-period demand. Case-Laws Central Excise Tue, 24 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90220