https://www.taxtmi.com/caselaws?id=344537 Value of bought-out items supplied with a furnace was held not includible in the assessable value for excise duty because the items were not manufactured in the assessee's factory, were not subjected to any manufacturing process at the factory or customer site, and were not shown to be integral parts of the furnace or accessories for erection or commissioning. Applying the settled principle that non-manufactured bought-out components not forming part of the excisable goods cannot be added to assessable value, the demand was unsustainable and excise duty was not payable on those items. en-us Wed, 14 Jun 2017 00:00:00 +0530 Mon, 28 Aug 2017 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344537 Value of bought-out items supplied with a furnace was held not includible in the assessable value for excise duty because the items were not manufactured in the assessee's factory, were not subjected to any manufacturing process at the factory or customer site, and were not shown to be integral parts of the furnace or accessories for erection or commissioning. Applying the settled principle that non-manufactured bought-out components not forming part of the excisable goods cannot be added to assessable value, the demand was unsustainable and excise duty was not payable on those items. Case-Laws Central Excise Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344537