2016 (9) TMI 577

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....s on the value of the goods manufactured by the appellant. The appellant, during the years 2007-08 to 2010-11, manufactured dies/moulds. These were cleared on payment of duty to various parties. These parties subsequently returned the Dies/Moulds   to the appellant under invoice on which the appellant availed Cenvat Credit. The appellant used these Dies/moulds for the manufacture of goods as required by the parties. The total value of such dies/Moulds, during the disputed period i.e. from 10-05-2007 to 30-06-2010, was Rs. 19,58,000/-. The authorities below took the view that this total value of Dies/Moulds was required to be amortized over the value of goods manufactured by the appellant and cleared on payment of duty. Since these....

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....ndirectly from the buyer to the assessee." Explanation 1 of Rule 6 of Central Excise Valuation Rules 2000 reads as follows: "For removal of doubts, it is hereby clarified that the value, apportioned as appropriate of the following goods and services, whether supplied directly or indirectly by the buyer free of charge or at reduced cost for use in connection with the production and sale of such goods, to the extent that such, value has not been included in the price actually paid or payable, shall be treated to be the amount of money value of additional consideration flowing directly or indirectly from the buyer to the assessee in relation to sale of the goods being valued and aggregated accordingly, namely;- (i)-------- (ii) Value of....