https://www.taxtmi.com/caselaws?id=364404 Bought-out nuts and bolts supplied directly to the buyer's site for erection and commissioning of transmission towers are not includible in the assessable value of towers manufactured and cleared from the factory. The manufactured towers were cleared in unassembled form with duty discharged, while the nuts and bolts neither entered the factory nor formed part of that manufacturing activity. Their use in site erection resulted in an immovable structure, not marketable excisable goods, because it could not be marketed without dismantling. Consequently, no duty arises on the bought-out items or the site-erected structure. en-us Wed, 25 Jul 2018 00:00:00 +0530 Sun, 29 Jul 2018 12:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364404 Bought-out nuts and bolts supplied directly to the buyer's site for erection and commissioning of transmission towers are not includible in the assessable value of towers manufactured and cleared from the factory. The manufactured towers were cleared in unassembled form with duty discharged, while the nuts and bolts neither entered the factory nor formed part of that manufacturing activity. Their use in site erection resulted in an immovable structure, not marketable excisable goods, because it could not be marketed without dismantling. Consequently, no duty arises on the bought-out items or the site-erected structure. Case-Laws Central Excise Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364404