https://www.taxtmi.com/caselaws?id=335577 Chassis sent to a body builder for building and delivery of completed vehicles were not treated as a separate sale transaction because the body builder was engaged to assemble the body, while the finished vehicle was ultimately sold by the manufacturer from its depot. For valuation, transaction value could be adopted where similar chassis were independently sold ex-factory to unrelated buyers, and Rule 8 of the Central Excise Valuation Rules would not apply if such independent sales existed. However, the basis for that valuation required documentary verification, so the matter was remanded for fresh adjudication on the existence of comparable independent sales. en-us Thu, 24 Nov 2016 00:00:00 +0530 Tue, 22 Aug 2017 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335577 Chassis sent to a body builder for building and delivery of completed vehicles were not treated as a separate sale transaction because the body builder was engaged to assemble the body, while the finished vehicle was ultimately sold by the manufacturer from its depot. For valuation, transaction value could be adopted where similar chassis were independently sold ex-factory to unrelated buyers, and Rule 8 of the Central Excise Valuation Rules would not apply if such independent sales existed. However, the basis for that valuation required documentary verification, so the matter was remanded for fresh adjudication on the existence of comparable independent sales. Case-Laws Central Excise Thu, 24 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335577