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of <h1>Central Government ruling: Sole Selling Agent sale price valuation under Central Excises Act.</h1> The Central Government of India held in 1974 that the sale price to a sole selling Agent is acceptable for valuation under Section 4 of the Central ... - The judgment by the Central Government of India in 1974 stated that the sale price to a sole selling Agent is acceptable for valuation under Section 4 of the Central Excises and Salt Act, 1944. The assessable value should consider an 8% sole agency commission, which should be deducted.
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