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of <h1>Appellate authority rejects Revenue's appeal on 10% profit margin addition, deeming it included in labor charges.</h1> The appellate authority rejected the Revenue's appeal concerning the addition of a 10% profit margin in the declared assessable value, accepting the ... Valuation The case involved the addition of a 10% profit margin in the declared assessable value. The respondents argued that the profit was included in their labour charges. The appellate authority agreed with this argument and rejected the appeal filed by the Revenue.
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