https://www.taxtmi.com/caselaws?id=74197 Amounts collected from civilian indentors at the time of clearance of motor vehicles formed part of the sale consideration under excise valuation rules. Invoices showed an amount over and above the declared price, and later credit notes issued to the dealer did not alter the character of that receipt. Because the amount was received at the time and place of sale, it remained part of the assessable value. The statutory scheme under Section 4 permitted only specific deductions, and the disputed amount did not fall within any exclusion. The amount was therefore correctly included in assessable value, and the appeal failed. en-us Wed, 15 Apr 1987 00:00:00 +0530 Tue, 07 Jun 2011 13:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74197 Amounts collected from civilian indentors at the time of clearance of motor vehicles formed part of the sale consideration under excise valuation rules. Invoices showed an amount over and above the declared price, and later credit notes issued to the dealer did not alter the character of that receipt. Because the amount was received at the time and place of sale, it remained part of the assessable value. The statutory scheme under Section 4 permitted only specific deductions, and the disputed amount did not fall within any exclusion. The amount was therefore correctly included in assessable value, and the appeal failed. Case-Laws Central Excise Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74197