https://www.taxtmi.com/forum/issue?id=1416 Liability of excise duty depends on whether bought out components are sold independently and charged separately, in which case their value need not be included, or whether they are integral parts supplied and charged together with the finished goods, in which case their value must be included; the decisive factor is the nature of the transaction. en-us Fri, 14 Aug 2009 07:40:40 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1416 Liability of excise duty depends on whether bought out components are sold independently and charged separately, in which case their value need not be included, or whether they are integral parts supplied and charged together with the finished goods, in which case their value must be included; the decisive factor is the nature of the transaction. Discussion-Forum Central Excise Fri, 14 Aug 2009 07:40:40 +0530 https://www.taxtmi.com/forum/issue?id=1416