https://www.taxtmi.com/caselaws?id=82432 The Tribunal upheld the Department's re-determination of assessable value, emphasizing that duty payable after considering the exemption must be abated from the cum-duty price. The appellants' argument that passing on the exemption benefit to customers was not mandatory under the Notification was rejected. The Tribunal cited the retrospective amendment to Section 4 of the Central Excises & Salt Act, 1944, as clarifying the method for determining assessable value. Precedents supporting re-determination based on the amended provisions were deemed applicable, rendering earlier decisions invalid in light of legislative changes. en-us Wed, 18 Sep 1991 00:00:00 +0530 Tue, 05 Jul 2011 11:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82432 The Tribunal upheld the Department's re-determination of assessable value, emphasizing that duty payable after considering the exemption must be abated from the cum-duty price. The appellants' argument that passing on the exemption benefit to customers was not mandatory under the Notification was rejected. The Tribunal cited the retrospective amendment to Section 4 of the Central Excises & Salt Act, 1944, as clarifying the method for determining assessable value. Precedents supporting re-determination based on the amended provisions were deemed applicable, rendering earlier decisions invalid in light of legislative changes. Case-Laws Central Excise Wed, 18 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82432