https://www.taxtmi.com/caselaws?id=115897 The Tribunal held that development charges incurred for goods supplied must be included in the assessable value, even if not physically supplied to the customer. The decision emphasized that such charges directly related to the supplied goods form part of the valuation. This ruling sets a precedent for consistent inclusion of development costs in excisable goods' valuation, ensuring clarity and uniformity in tax assessments. The Revenue's appeal was allowed, affirming the necessity of considering development charges in the assessable value of goods supplied. en-us Thu, 27 Jan 2005 00:00:00 +0530 Tue, 05 Jun 2012 10:54:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115897 The Tribunal held that development charges incurred for goods supplied must be included in the assessable value, even if not physically supplied to the customer. The decision emphasized that such charges directly related to the supplied goods form part of the valuation. This ruling sets a precedent for consistent inclusion of development costs in excisable goods' valuation, ensuring clarity and uniformity in tax assessments. The Revenue's appeal was allowed, affirming the necessity of considering development charges in the assessable value of goods supplied. Case-Laws Central Excise Thu, 27 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115897