https://www.taxtmi.com/caselaws?id=765664 CESTAT NEW DELHI held that notional cost of specifications, drawings and designs supplied free by manufacturer to potential vendors cannot be included in assessable value of manufactured components. The Tribunal ruled that items supplied by buyers before identifying potential manufacturers cannot constitute additional consideration for sale, as no sale contract exists at that stage. Specifications were merely layout requirements for proper vehicle fitting, not consideration received by vendors. Appeal allowed excluding specification costs from assessable value. en-us Thu, 06 Feb 2025 00:00:00 +0530 Fri, 07 Feb 2025 08:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765664 CESTAT NEW DELHI held that notional cost of specifications, drawings and designs supplied free by manufacturer to potential vendors cannot be included in assessable value of manufactured components. The Tribunal ruled that items supplied by buyers before identifying potential manufacturers cannot constitute additional consideration for sale, as no sale contract exists at that stage. Specifications were merely layout requirements for proper vehicle fitting, not consideration received by vendors. Appeal allowed excluding specification costs from assessable value. Case-Laws Central Excise Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765664