https://www.taxtmi.com/caselaws?id=94754 The Tribunal upheld duty demands on extraction charges for salvaged diamonds used in manufacturing diamond drilling bits. The appellants argued that extraction costs were included in the agreed value of salvaged diamonds, while the JDR contended that extraction charges should be part of the assessable value. The Tribunal agreed with the JDR, stating that extraction charges were a pre-manufacturing cost and should be included in the assessable value. Consequently, the appeal was dismissed, affirming duty obligations on extraction charges as integral to determining the goods' assessable value. en-us Wed, 30 Jul 1997 00:00:00 +0530 Sat, 03 Dec 2011 15:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94754 The Tribunal upheld duty demands on extraction charges for salvaged diamonds used in manufacturing diamond drilling bits. The appellants argued that extraction costs were included in the agreed value of salvaged diamonds, while the JDR contended that extraction charges should be part of the assessable value. The Tribunal agreed with the JDR, stating that extraction charges were a pre-manufacturing cost and should be included in the assessable value. Consequently, the appeal was dismissed, affirming duty obligations on extraction charges as integral to determining the goods' assessable value. Case-Laws Central Excise Wed, 30 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94754