https://www.taxtmi.com/caselaws?id=85212 The case involved the assessment of excise duty on equalized freight and insurance charges collected by a manufacturer from State Electricity Boards. The manufacturer's appeals against modifying price lists to include the difference between equalized charges and actual costs in the assessable value were dismissed. The Tribunal held that the difference, if not refunded to the Boards but appropriated by the manufacturer, legitimately formed part of the goods' price and assessable value. Citing Supreme Court judgments, the Tribunal concluded that the manufacturer's failure to refund the difference justified the inclusion in the assessable value, leading to the dismissal of the appeals. en-us Mon, 18 Mar 1996 00:00:00 +0530 Wed, 03 Aug 2011 14:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85212 The case involved the assessment of excise duty on equalized freight and insurance charges collected by a manufacturer from State Electricity Boards. The manufacturer's appeals against modifying price lists to include the difference between equalized charges and actual costs in the assessable value were dismissed. The Tribunal held that the difference, if not refunded to the Boards but appropriated by the manufacturer, legitimately formed part of the goods' price and assessable value. Citing Supreme Court judgments, the Tribunal concluded that the manufacturer's failure to refund the difference justified the inclusion in the assessable value, leading to the dismissal of the appeals. Case-Laws Central Excise Mon, 18 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85212