https://www.taxtmi.com/caselaws?id=86268 Where excise duty is refundable on freight charges wrongly included in price, the refund must be worked out by treating the amount as part of the sale proceeds or cum-duty price and then backing out the duty element. The refundable sum should be added to the wholesale price first, and only then should the assessable value and net duty refund be calculated. Directly adding the refund to the assessable value would wrongly make duty payable on the refund itself. The correct method ensures the assessable value reflects the normal price under Section 4 and the duty element is computed accurately. en-us Wed, 30 Oct 1996 00:00:00 +0530 Wed, 05 Jun 2019 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86268 Where excise duty is refundable on freight charges wrongly included in price, the refund must be worked out by treating the amount as part of the sale proceeds or cum-duty price and then backing out the duty element. The refundable sum should be added to the wholesale price first, and only then should the assessable value and net duty refund be calculated. Directly adding the refund to the assessable value would wrongly make duty payable on the refund itself. The correct method ensures the assessable value reflects the normal price under Section 4 and the duty element is computed accurately. Case-Laws Central Excise Wed, 30 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86268