https://www.taxtmi.com/caselaws?id=49832 The Tribunal upheld the Commissioner's decision allowing Modvat credit on clock assembly and antenna assembly, deeming them essential for vehicle marketability. The Department's attempt to include tool kits and jack assembly costs in the assessable value was rejected, as these items should not be included if not fitted at the factory clearance. The appeal against the Modvat credit and deduction was dismissed based on relevant case law and precedents. en-us Mon, 15 May 2000 00:00:00 +0530 Tue, 17 Aug 2010 17:00:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49832 The Tribunal upheld the Commissioner's decision allowing Modvat credit on clock assembly and antenna assembly, deeming them essential for vehicle marketability. The Department's attempt to include tool kits and jack assembly costs in the assessable value was rejected, as these items should not be included if not fitted at the factory clearance. The appeal against the Modvat credit and deduction was dismissed based on relevant case law and precedents. Case-Laws Central Excise Mon, 15 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49832