Bought-Out Items Like Nuts and Bolts Excluded from Assessable Value for Excise; Considered Separate Trading Activity.

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....Valuation - inclusion of bought out items in assessable value - The nuts and bolts etc. are optional item which is sold as a bought out item to the customers, which is nothing but a trading activity. Therefore, the same cannot be considered as extra consideration towards the manufacture of excisable goods produced by the respondent. - AT....