Tuesday, September 18, 2018

Cost of drawing provided by customer not includible in assessable value of final product

GST/Excise & Customs : Where assessee was engaged in manufacture of parts of engineering goods used in cement, sugar and thermal power plants by using drawing supplied by customers, since said drawing did not contain any technical details and it was for dimension of parts of components, cost of drawing could not be included in assessable value of final product

from www.taxmann.com Latest Case Laws https://ift.tt/2phV8cO

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