https://www.taxtmi.com/caselaws?id=82443 For levy of cess under the Industries (Development and Regulation) Act, 1951 read with the Automobile Cess Rules, the assessable value was held to follow the valuation basis under Section 4 of the Central Excises and Salt Act, 1944. On that construction, where central excise duty and sales tax form part of the wholesale cash price, both must be deducted in computing the value on which cess is levied. The earlier Tribunal view on the same issue was followed, and the demand was held unsustainable. en-us Tue, 21 Apr 1992 00:00:00 +0530 Tue, 05 Jul 2011 11:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82443 For levy of cess under the Industries (Development and Regulation) Act, 1951 read with the Automobile Cess Rules, the assessable value was held to follow the valuation basis under Section 4 of the Central Excises and Salt Act, 1944. On that construction, where central excise duty and sales tax form part of the wholesale cash price, both must be deducted in computing the value on which cess is levied. The earlier Tribunal view on the same issue was followed, and the demand was held unsustainable. Case-Laws Central Excise Tue, 21 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82443