2024 (10) TMI 1633

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....e Appeal No. 55639 of 2023 And Excise Appeal No. 55698 of 2023 - Final Order Nos. 58858-58860/2024<br>Central Excise<br>Hon'ble Shri Justice Dilip Gupta, President And Hon'ble Shri P.V. Subba Rao, Member (Technical) For the Appellant : Shri S.C. Vaidyanathan, Advocate. For the Department : Shri Rakesh Agarwal, Authorized Representative (DR). ORDER JUSTICE DILIP GUPTA The issue invol....

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....ions. The specifications enable the potential vendors to properly understand the requirements and provide the best price quotations for the manufacture and supply of the desired parts or components. Once the vendor is selected and a letter of intent is issued, the vendor prepares detailed drawings and designs for the products to be supplied, corresponding to the specifications received from Maruti....

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....pecifications provided by Maruti has to be included in the assessable value of the product manufactured by the vendors and cleared to Maruti. 4. It has, therefore, to be determined whether the notional cost of specifications in the form of drawings and designs supplied free of cost by Maruti to the potential vendors should be included in the assessable value of the parts or components manufactu....