https://www.taxtmi.com/caselaws?id=279001 The Tribunal allowed the appeal, setting aside the duty demand and penalty imposed on the trading items included in the assessable value of the manufactured goods. It was determined that the trading items bought out by the appellant were independent and optional, not forming part of the finished goods. Citing legal precedents, including a Supreme Court case, it was established that the value of bought out items should not be included in the assessable value. As the trading items were supplied to buyers only upon request, their value was deemed unwarranted in the assessable value calculation. en-us Fri, 25 Aug 2017 00:00:00 +0530 Thu, 28 Feb 2019 06:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279001 The Tribunal allowed the appeal, setting aside the duty demand and penalty imposed on the trading items included in the assessable value of the manufactured goods. It was determined that the trading items bought out by the appellant were independent and optional, not forming part of the finished goods. Citing legal precedents, including a Supreme Court case, it was established that the value of bought out items should not be included in the assessable value. As the trading items were supplied to buyers only upon request, their value was deemed unwarranted in the assessable value calculation. Case-Laws Central Excise Fri, 25 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279001