https://www.taxtmi.com/caselaws?id=360638 The Tribunal ruled in favor of the appellant, stating that the value of bolts and nuts supplied along with fabricated parts for tower erection should not be included in the assessable value for excise duty payment. Citing precedent, the Tribunal emphasized that when bought-out items are used on-site for creating immovable property, their value should be excluded from duty calculation. As a result, the impugned order was set aside, and the appeals were allowed, clarifying that the value of bolts and nuts need not be considered for excise duty payment in such circumstances. en-us Tue, 17 Apr 2018 00:00:00 +0530 Mon, 21 May 2018 08:19:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360638 The Tribunal ruled in favor of the appellant, stating that the value of bolts and nuts supplied along with fabricated parts for tower erection should not be included in the assessable value for excise duty payment. Citing precedent, the Tribunal emphasized that when bought-out items are used on-site for creating immovable property, their value should be excluded from duty calculation. As a result, the impugned order was set aside, and the appeals were allowed, clarifying that the value of bolts and nuts need not be considered for excise duty payment in such circumstances. Case-Laws Central Excise Tue, 17 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360638