Transaction value adjustment: retained sales tax treated as part of transaction value, increasing central excise liability accordingly. Retained sales tax collected under an abatement scheme that is not actually paid to the State must be included in the transaction value and treated as part of the cum-duty price, so Central Excise duty is payable on that retained amount in addition to duty on the declared assessable value.
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Provisions expressly mentioned in the judgment/order text.
Transaction value adjustment: retained sales tax treated as part of transaction value, increasing central excise liability accordingly.
Retained sales tax collected under an abatement scheme that is not actually paid to the State must be included in the transaction value and treated as part of the cum-duty price, so Central Excise duty is payable on that retained amount in addition to duty on the declared assessable value.
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