https://www.taxtmi.com/caselaws?id=86449 For levy of automobile cess under the notification issued under the Industries (Development and Regulation) Act, the Court held that the special definition of "value" in Section 9(1) governed only the ceiling on levy and did not control actual computation. Because Rule 3 of the Automobile Cess Rules, 1984 applied the levy and collection provisions of the Central Excises and Salt Act, 1944 so far as may be, the ad valorem cess had to be calculated using the excise valuation framework. The assessee's valuation method was upheld and the Revenue's contrary construction failed. en-us Wed, 07 May 1997 00:00:00 +0530 Sat, 05 Jul 2014 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86449 For levy of automobile cess under the notification issued under the Industries (Development and Regulation) Act, the Court held that the special definition of "value" in Section 9(1) governed only the ceiling on levy and did not control actual computation. Because Rule 3 of the Automobile Cess Rules, 1984 applied the levy and collection provisions of the Central Excises and Salt Act, 1944 so far as may be, the ad valorem cess had to be calculated using the excise valuation framework. The assessee's valuation method was upheld and the Revenue's contrary construction failed. Case-Laws Central Excise Wed, 07 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86449