https://www.taxtmi.com/caselaws?id=72414 Purchase tax paid on raw materials used to manufacture electric fans was held not deductible when fixing assessable value under Section 4(4)(d)(ii) of the Central Excises and Salt Act, 1944. The provision was treated as allowing deduction only for sales tax and other taxes payable on the excisable goods under assessment, not taxes embedded in the cost of inputs. Because the tax on raw materials formed part of the manufacturing cost of the finished fans, its State character as a levy in lieu of sales tax did not change the valuation position. The departmental appeal therefore succeeded on this issue. en-us Thu, 28 Aug 1986 00:00:00 +0530 Thu, 19 May 2011 13:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72414 Purchase tax paid on raw materials used to manufacture electric fans was held not deductible when fixing assessable value under Section 4(4)(d)(ii) of the Central Excises and Salt Act, 1944. The provision was treated as allowing deduction only for sales tax and other taxes payable on the excisable goods under assessment, not taxes embedded in the cost of inputs. Because the tax on raw materials formed part of the manufacturing cost of the finished fans, its State character as a levy in lieu of sales tax did not change the valuation position. The departmental appeal therefore succeeded on this issue. Case-Laws Central Excise Thu, 28 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72414