Sales tax retention treated as part of assessable value, increasing central excise duty liability under transaction-value regime. Sales tax retained by a seller under an abatement scheme must be included in the assessable value for central excise under the transaction-value regime; retained sales tax constitutes part of the cum-duty price and Central Excise Duty is payable on it in addition to duty on the declared assessable value.
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Provisions expressly mentioned in the judgment/order text.
Sales tax retention treated as part of assessable value, increasing central excise duty liability under transaction-value regime.
Sales tax retained by a seller under an abatement scheme must be included in the assessable value for central excise under the transaction-value regime; retained sales tax constitutes part of the cum-duty price and Central Excise Duty is payable on it in addition to duty on the declared assessable value.
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