We are making components / parts based on the drawing supplied by our customer. Is it necessary to include the cost of the drawing given by the customer free of cost in our assessable value and pay the excise duty on the value of the component and drawing ? If so, under what provision.
Asked on 9/30/09, 7:16 am
2 Answers from Attorneys
Seshadri Srinivasan
www.lawconcern.com
Send complete details by email for an advice as the Valuation for excise duty purposes is facts- specific, like products, who your customers are and where your customers are and nature of drawing etc and cannot be given on a generalized term.
S.Seshadri Esq.
India Chennai Office Phones: 98403 20808 /28515229.
Emails: [email protected]
Answered on 10/01/09, 1:43 am
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
answer given already to your customer kindly refer the previous answers.
Answered on 10/01/09, 3:39 am
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