https://www.taxtmi.com/caselaws?id=464 The Tribunal held that the cost of extended warranty should not be included in the assessable value of cars for Central Excise duty purposes. It determined that the extended warranty scheme is a separate business from the sale of cars, lacking a direct connection to the sale transaction. The Tribunal emphasized that the extended warranty is not obligatory for buyers, highlighting its distinct nature from the sale of cars. Consequently, the appeals were allowed, overturning the Central Excise authorities' decision to include the extended warranty charges in the assessable value of cars. en-us Tue, 16 May 2006 00:00:00 +0530 Sun, 13 Apr 2008 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464 The Tribunal held that the cost of extended warranty should not be included in the assessable value of cars for Central Excise duty purposes. It determined that the extended warranty scheme is a separate business from the sale of cars, lacking a direct connection to the sale transaction. The Tribunal emphasized that the extended warranty is not obligatory for buyers, highlighting its distinct nature from the sale of cars. Consequently, the appeals were allowed, overturning the Central Excise authorities' decision to include the extended warranty charges in the assessable value of cars. Case-Laws Central Excise Tue, 16 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464