https://www.taxtmi.com/caselaws?id=460717 CESTAT DELHI held that notional cost of drawings and designs supplied free of cost by principal manufacturer to component vendors should not be included in assessable value for central excise duty. The tribunal found that vehicle components must be manufactured per OEM specifications only, and the principal manufacturer does not sell these specifications to vendors. Following precedent in Denso India case, the tribunal distinguished between royalty payments for general licensing rights versus specific component specifications. The impugned order was set aside and appeals were allowed. en-us Wed, 10 Apr 2024 00:00:00 +0530 Wed, 12 Feb 2025 19:00:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460717 CESTAT DELHI held that notional cost of drawings and designs supplied free of cost by principal manufacturer to component vendors should not be included in assessable value for central excise duty. The tribunal found that vehicle components must be manufactured per OEM specifications only, and the principal manufacturer does not sell these specifications to vendors. Following precedent in Denso India case, the tribunal distinguished between royalty payments for general licensing rights versus specific component specifications. The impugned order was set aside and appeals were allowed. Case-Laws Central Excise Wed, 10 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460717