https://www.taxtmi.com/caselaws?id=74652 Section 4 of the Central Excises and Salt Act, 1944 governs assessable value, and a notification under Rule 8(1), including the invoice-value option under Notification No. 120/75-C.E., cannot displace that statutory valuation scheme. Post-manufacturing or post-clearance charges, including bank commission, hundi commission and bank interest shown in invoices, do not form part of assessable value because they are not part of the manufacturing value base. The effect is that such expenses remain excludible even where invoiced to the customer, and abatement is available for those post-clearance charges. en-us Mon, 28 Jan 1985 00:00:00 +0530 Fri, 10 Jun 2011 11:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74652 Section 4 of the Central Excises and Salt Act, 1944 governs assessable value, and a notification under Rule 8(1), including the invoice-value option under Notification No. 120/75-C.E., cannot displace that statutory valuation scheme. Post-manufacturing or post-clearance charges, including bank commission, hundi commission and bank interest shown in invoices, do not form part of assessable value because they are not part of the manufacturing value base. The effect is that such expenses remain excludible even where invoiced to the customer, and abatement is available for those post-clearance charges. Case-Laws Central Excise Mon, 28 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74652