https://www.taxtmi.com/caselaws?id=73634 The Appellate Tribunal CEGAT, New Delhi, dismissed the appeal challenging the inclusion of mark-up in the assessable value for passenger cars under the Central Excises and Salt Act, 1944. The Tribunal held that mark-up and service charges should not be deducted from the assessable value as they contribute to the value and marketability of the goods, in line with established legal principles. The decision upheld the Collector of Central Excise's position that mark-up should be considered part of the normal price, rejecting the appellants' argument based on previous judgments. en-us Fri, 18 Dec 1987 00:00:00 +0530 Thu, 02 Jun 2011 15:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73634 The Appellate Tribunal CEGAT, New Delhi, dismissed the appeal challenging the inclusion of mark-up in the assessable value for passenger cars under the Central Excises and Salt Act, 1944. The Tribunal held that mark-up and service charges should not be deducted from the assessable value as they contribute to the value and marketability of the goods, in line with established legal principles. The decision upheld the Collector of Central Excise's position that mark-up should be considered part of the normal price, rejecting the appellants' argument based on previous judgments. Case-Laws Central Excise Fri, 18 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73634