including the proportionate costs of the basic design package and extended basic design and engineering i.e. Rs. 6,48,82,230/- and an amount ... including the proportionate costs of the basic design package and extended basis design and engineering i.e. Rs. 6,47,43,671/- and the demand
were to be purchased as per the specifications, data and the basic design provided by SWEC. There is no condition in the Agreement with SWEC ... basic design and engineering drawings etc.
2a) According to the Engineering Agreement, Clause 2.1.1, SWEc shall prepare the Process Design and Basic Engineering Package
account of excess payment of excise duty but is
basically designed to give effect to the exemption and to operationalise the exemption
given
wholly owned subsidiary of assessee company and the
assessee received basic designs of few models of machines from
Microsys. The AO held the entire expenditure ... Microsys Design Lab Pvt. Ltd., caters to the design requirements
of the assessee by giving the basic design of future models of
machines
businesses. Lamitubes are required to be printed as per
each customer unique designs, drawing shade and other artwork given by each
customer. The process ... printing process before
printing it is necessary to develop the basic design, negatives, positives, step and
repeat and nyloplates for printing department
wholly owned subsidiary of assessee company and the
assessee received basic designs of few models of machines from
Microsys. The AO held the entire expenditure ... Microsys Design Lab Pvt. Ltd., caters to the design requirements
of the assessee by giving the basic design of future models of
machines
payment of fees as follows:
i) Licence and know-how;
ii) Basic Design & Engineering package to be done and delivered in
Denmark;
iii) Procurement
Demands have been confirmed on the ground that the pumps, though basically designed to lift water from one point to another, there is no energy ... Heading 8413.10 which has description as Primarily designed to handle water. It can be seen that basically the said tariff heading is for pumps which
account of excess payment of
excise duty but is basically designed to give effect to the exemption and
4 ITA No.3263/Mum/2011
Assessment
account of excess
payment of excise duty but is basically designated to give effect to the
exemption as an incentive and as such the excise
