https://www.taxtmi.com/caselaws?id=166854 For exemption under the relevant notifications, the value of capital investment in plant and machinery had to be computed by excluding ancillary expenses such as installation, erection, transportation, technical know-how and other incidental costs where supported by evidence. The Tribunal accepted the assessee's chartered accountant certificate and related material, and noted that the departmental computation showed only a marginal excess over the prescribed limit. On that basis, the investment was not treated as exceeding the Rs. 10 lakh threshold, and exemption was available. Trade circulars and departmental instructions were treated as relevant guidance for the computation. en-us Mon, 23 Jan 1984 00:00:00 +0530 Mon, 10 Nov 2014 12:20:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166854 For exemption under the relevant notifications, the value of capital investment in plant and machinery had to be computed by excluding ancillary expenses such as installation, erection, transportation, technical know-how and other incidental costs where supported by evidence. The Tribunal accepted the assessee's chartered accountant certificate and related material, and noted that the departmental computation showed only a marginal excess over the prescribed limit. On that basis, the investment was not treated as exceeding the Rs. 10 lakh threshold, and exemption was available. Trade circulars and departmental instructions were treated as relevant guidance for the computation. Case-Laws Central Excise Mon, 23 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166854