https://www.taxtmi.com/caselaws?id=765968 Additional consideration for central excise valuation under section 4 and Rule 6 arises only where the buyer's supply has the character of consideration flowing to the seller at the seller's desire in relation to the sale. Specifications, drawings and designs furnished by the buyer at the RFQ stage merely to invite bids and state requirements, before acceptance of the quotation, do not satisfy that test. They are not consideration for the sale and their notional value cannot be added to the assessable value. The demand and penalty based on such inclusion were therefore not sustainable, and relief followed for the assessee. en-us Tue, 11 Feb 2025 00:00:00 +0530 Fri, 14 Feb 2025 08:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765968 Additional consideration for central excise valuation under section 4 and Rule 6 arises only where the buyer's supply has the character of consideration flowing to the seller at the seller's desire in relation to the sale. Specifications, drawings and designs furnished by the buyer at the RFQ stage merely to invite bids and state requirements, before acceptance of the quotation, do not satisfy that test. They are not consideration for the sale and their notional value cannot be added to the assessable value. The demand and penalty based on such inclusion were therefore not sustainable, and relief followed for the assessee. Case-Laws Central Excise Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765968