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of <h1>Supreme Court Rulings Impact Cum Duty Price Valuation in Central Excise; Pending Cases to Await Review Petition Outcome.</h1> The circular addresses the valuation of goods for Central Excise purposes, specifically regarding the cum duty price. It references Supreme Court judgments in cases involving CCE, Madurai vs. T.V.S. Srichakra Ltd. and CCE, Delhi vs. Maruty Udyog Ltd., which upheld that the sale price includes excise duty, necessitating the exclusion of duty when determining excisable value. The circular advises keeping pending cases in the Call Book until the Supreme Court decides on the Department's Review Petition. It clarifies that amendments to Section 4 of the Central Excise Act apply prospectively, and older cases should follow the law as it was at the time. Commissioners are instructed to take necessary actions.
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