https://www.taxtmi.com/forum/issue?id=109275 Manufacture of customer specified tools and dies is treated as manufacture for excise and the goods are excisable under Chapter 82; the transaction value must include the value of drawings supplied by the customer. A professional valuation certificate should be obtained and such value amortized on clearance of finished goods. Conditional exemptions under general exemption notifications and small scale exemption may apply. If charges are invoiced as modification or tool development fees they may attract service tax, and factual record examination is required to determine tax character. en-us Mon, 12 Oct 2015 19:12:58 +0530 Thu, 23 Jan 2025 15:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109275 Manufacture of customer specified tools and dies is treated as manufacture for excise and the goods are excisable under Chapter 82; the transaction value must include the value of drawings supplied by the customer. A professional valuation certificate should be obtained and such value amortized on clearance of finished goods. Conditional exemptions under general exemption notifications and small scale exemption may apply. If charges are invoiced as modification or tool development fees they may attract service tax, and factual record examination is required to determine tax character. Discussion-Forum Service Tax Mon, 12 Oct 2015 19:12:58 +0530 https://www.taxtmi.com/forum/issue?id=109275