https://www.taxtmi.com/caselaws?id=341453 The Tribunal upheld the inclusion of design and drawings cost in the assessable value based on the established nexus between technical know-how and product price. However, the demand for royalty inclusion was set aside due to lack of evidence showing its impact on manufactured goods. The penalty imposed was reduced, considering the technical know-how and design costs. The appeal was disposed of accordingly. en-us Tue, 17 Jan 2017 00:00:00 +0530 Thu, 04 Jan 2018 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341453 The Tribunal upheld the inclusion of design and drawings cost in the assessable value based on the established nexus between technical know-how and product price. However, the demand for royalty inclusion was set aside due to lack of evidence showing its impact on manufactured goods. The penalty imposed was reduced, considering the technical know-how and design costs. The appeal was disposed of accordingly. Case-Laws Central Excise Tue, 17 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341453