2005 (12) TMI 394

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... S/Shri Balbir Singh & Rupak Singh, Advocates, for the Respondent. [Order per : C.N.B. Nair, Member (T)]. - The appeal of the Revenue is directed against the finding regarding valuation of telecommunication equipment supplied by the respondent to M/s. BSNL. The Commissioner held to the effect that sale price should constitute the assessable value. In passing that order, he was following the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... were no such deductions. Under the agreement, supplies continued over a period of time and prices were provisional. Final prices were to be in terms of the Purchase Order prevalent at the time of each supply. The Commissioner has ordered that assessments be finalized in terms of prices under the relevant Purchase Order. There is no error in the assessment order by the Commissioner, inasmuch as tr....