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Showing contexts for: true value maruti in The Commissioner Of Central Excise vs M/S Sai Service Station Ltd on 13 February, 2014Matching Fragments
22. The dealer sells Maruti-Suzuki motor vehicles in the State of Kerala. Besides undertaking ancillary services, it also acts as an agent to Maruti Suzuki India Ltd., ("MSIL") for its used car- sale division--True Value. Most people purchase cars in a straight transaction: they pay money and buy the vehicles of their choice. Some people, however, prefer to exchange their old vehicle and take a new one after paying the balance sale price.
23. To caters to the needs of the second category, the dealer sells the used cars in two categories: Maruti True Value and Non- True Value vehicles. It collects 25% of the sale price as `Management Fee' for the sale of Maruti True Value Vehicles using (MSIL) logo. It pays that 25% `Management Fee' to MSIL.