https://www.taxtmi.com/caselaws?id=358791 The Tribunal ruled that the value of bought out nuts, bolts, and accessories directly supplied to the site should not be included in the assessable value of transmission towers for excise duty calculation. It was determined that these items were not integral to the manufacturing process of the towers and were optional add-ons sold separately, akin to a trading activity. The Commissioner (Appeals) and lower authorities correctly concluded that these items did not contribute to the manufacturing of the towers and upheld the decision that their value should not be included in the assessable value. The Revenue's appeal was dismissed. en-us Wed, 21 Mar 2018 00:00:00 +0530 Tue, 19 Mar 2019 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358791 The Tribunal ruled that the value of bought out nuts, bolts, and accessories directly supplied to the site should not be included in the assessable value of transmission towers for excise duty calculation. It was determined that these items were not integral to the manufacturing process of the towers and were optional add-ons sold separately, akin to a trading activity. The Commissioner (Appeals) and lower authorities correctly concluded that these items did not contribute to the manufacturing of the towers and upheld the decision that their value should not be included in the assessable value. The Revenue's appeal was dismissed. Case-Laws Central Excise Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358791