PDI & free ASS charges should not be included in assessable value – SC

Urvashi Porwal Brief of the case In the case of Commissioner of Central Excise, Mysore Versus M/s. TVS Motors Company Ltd, It Was Held by Supreme Court That PDI charges and free ASS charges after the sale of vehicles should not be included in the assessable value for the purpose of calculation of excise duty. Brief facts M/s. TVS Motors Company Ltd. (hereinafter referred to as the ‘assessee’) is the respondent.   The assessee is holding central excise registration for the manufacturing and clearing two wheeled motor vehicles classified under Chapter Sub-Heading 8711.20 and 8711.1...