usefulness of, any goods or services; (vii) gives to the public any warranty or guarantee of the performance, efficacy or length of life ... Provided that where a defence is raised to the effect that such warranty or guarantee is based on adequate or proper test, the burden
public utility entities in the manner as may be prescribed; (20) "express warranty" means any material statement, affirmation of fact, promise or description relating ... itself or any damage to the property on account of breach of warranty conditions or any commercial or economic loss, including any direct, incidental
radio or tape recorder type of devices in public vehicles; (p) warranty after sale of vehicle and norms therefor :] Provided that any rules relating
BHEL. At the time of sale appellant (assessee) provides a
Standard Warranty whereby in the event of any Beacon Rotork
Actuator or part thereof becoming ... undertakes to rectify or replace
the defective part free of charge. This warranty is given under
certain conditions stipulated in the warranty clause
complainant
objected to it as the defect had developed within the warranty
period and approached the Head Office (Marketing) of the
appellant at Gurgaon ... their replies before the Commission
stating therein that their obligation under the warranty was
only to repair or replace any part found to be defective
Svenska Handelsbanken vs Indian Charge Chrome (Dayal, J.) on 15 October, 1993
Equivalent citations: 1994
Recommendations of Commission
of Inquiry-Production capacity determination of-Expenses
relating to warranty and bonus whether to be excluded from
the ex-works cost-Adoption ... artificially reduced the cost; (ii) that cost and expenses
on account of warranty and statutory bonus had been wrongly
excluded from the ex-works cost
Excise duty--Valuation of excisable goods--'Assessable
Value--Determination of-- TAC/Warranty, product discount,
Overriding commission, duty paid on processed tyre cord,
secondary packaging ... Court judgment it was contended for the respondent: (a)
that the TAC/ Warranty discount, which was sought to be
deducted for determining the assessable value
contract of sale entered into by and between the parties, a warranty for a
period of 1 year was issued for the said equipments ... requirements for giving
maintenance and service of the said system. When the warranty period was
about to come to an end, the respondent categorically stated
supply of parts to the customers as a part
of the warranty agreement was liable to tax. The assessee
was an agent ... Mahindra (hereinafter
referred to as the 'manufacturer'). The manufacturer had
warranty agreement with the purchasers of vehicles
(hereinafter referred
