Assessable value inclusion of fitted accessories determines tractor excise valuation and requires adding such accessories at factory gate. Accessories fitted to tractors at the time of clearance must be included in the assessable value for central excise because goods are assessed in the form in which they are delivered for sale at the factory gate; therefore the cost of such fitted accessories is added to the tractor's taxable value.
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Provisions expressly mentioned in the judgment/order text.
Assessable value inclusion of fitted accessories determines tractor excise valuation and requires adding such accessories at factory gate.
Accessories fitted to tractors at the time of clearance must be included in the assessable value for central excise because goods are assessed in the form in which they are delivered for sale at the factory gate; therefore the cost of such fitted accessories is added to the tractor's taxable value.
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