https://www.taxtmi.com/caselaws?id=460718 Notional cost of drawings and designs supplied free of charge by the buyer was held not includible in the assessable value of parts and components manufactured by the vendor for central excise valuation under the Central Excise Valuation Rules, 2002. The Tribunal treated the free drawings and designs as specifications used for manufacture, while the vendor's own detailed drawings formed part of the manufacturing activity. On that basis, no notional addition to value was justified, the duty demand could not be sustained, and the appeals were allowed. en-us Mon, 14 Oct 2024 00:00:00 +0530 Wed, 12 Feb 2025 19:00:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460718 Notional cost of drawings and designs supplied free of charge by the buyer was held not includible in the assessable value of parts and components manufactured by the vendor for central excise valuation under the Central Excise Valuation Rules, 2002. The Tribunal treated the free drawings and designs as specifications used for manufacture, while the vendor's own detailed drawings formed part of the manufacturing activity. On that basis, no notional addition to value was justified, the duty demand could not be sustained, and the appeals were allowed. Case-Laws Central Excise Mon, 14 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460718