https://www.taxtmi.com/caselaws?id=765527 CESTAT NEW DELHI held that notional cost of specifications in the form of drawings and designs supplied free of cost by a manufacturer to potential vendors should not be included in the assessable value under Rule 6 of Central Excise Valuation Rules, 2000 and Section 4 of Central Excise Act, 1944. The tribunal distinguished between mere specifications and detailed engineering drawings, ruling that specifications provided before identifying potential sellers cannot be treated as additional consideration for sale. Only when there exists a contract of sale can something be considered additional consideration beyond agreed price. Appeal allowed. en-us Thu, 30 Jan 2025 00:00:00 +0530 Mon, 03 Feb 2025 08:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765527 CESTAT NEW DELHI held that notional cost of specifications in the form of drawings and designs supplied free of cost by a manufacturer to potential vendors should not be included in the assessable value under Rule 6 of Central Excise Valuation Rules, 2000 and Section 4 of Central Excise Act, 1944. The tribunal distinguished between mere specifications and detailed engineering drawings, ruling that specifications provided before identifying potential sellers cannot be treated as additional consideration for sale. Only when there exists a contract of sale can something be considered additional consideration beyond agreed price. Appeal allowed. Case-Laws Central Excise Thu, 30 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765527