https://www.taxtmi.com/caselaws?id=86736 The Tribunal upheld the Department's position that for clearances up to the exemption limit of Rs. 7.5 lakhs under Notification No. 83/83, the duty element cannot be deducted from the assessable value. It clarified that the valuation method under Notification No. 245/83 does not alter the prescribed valuation method under the Central Excise Act, 1944, for determining assessable value. The appeal challenging duty payment confirmation was dismissed, emphasizing the incorrectness of deducting the duty element and affirming that the valuation method under Notification No. 245/83 does not impact assessable value calculation for duty payment purposes under Notification No. 83/83. en-us Fri, 31 Jan 1997 00:00:00 +0530 Fri, 26 Aug 2011 18:24:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86736 The Tribunal upheld the Department's position that for clearances up to the exemption limit of Rs. 7.5 lakhs under Notification No. 83/83, the duty element cannot be deducted from the assessable value. It clarified that the valuation method under Notification No. 245/83 does not alter the prescribed valuation method under the Central Excise Act, 1944, for determining assessable value. The appeal challenging duty payment confirmation was dismissed, emphasizing the incorrectness of deducting the duty element and affirming that the valuation method under Notification No. 245/83 does not impact assessable value calculation for duty payment purposes under Notification No. 83/83. Case-Laws Central Excise Fri, 31 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86736