Advertisement expenses recovered from dealers were held outside assessable value where no nexus with valuation was shown.

Advertisement expenses recovered from dealers were treated as outside the assessable value because the factory price was ascertainable and no nexus was found between those expenses and valuation. The analysis followed the cited precedent relied on by the assessee and concluded that such recovered expenses were not includible in assessable value, with consequential relief stated in the text.

---

---

Issues: Whether advertisement expenses recovered from some dealers were includible in the assessable value.

Analysis: The assessee's factory price was ascertainable, and there was no finding that the advertisement expenses incurred on behalf of dealers had any nexus with the assessable value. The issue was covered by the cited precedent relied upon by the assessee.

Conclusion: The advertisement expenses were not includible in the assessable value, and the appeal was allowed with consequential relief.

---