AAAR : Amortization cost of FOC tools received from OEM customer not includible in component value

Karnataka AAAR sets aside order of AAR, holds that the cost of tools supplied by the OEM customer on FOC basis shall not be added to the value of components supplied by the appellant; Perusing the terms and conditions of the contract copy and purchase orders between appellant & customer [Daimler India Commercial Vehicles (DICV)], finds that DICV assumed the responsibility to provide the tools to the appellant only in the interest of ensuring that there is uninterrupted su...