https://www.taxtmi.com/caselaws?id=86884 Additional sales tax payable under the Tamil Nadu General Sales Tax Act was deductible from the sale price for central excise valuation because the approved price lists showed the assessee bore that liability on local sales and the buyers were not charged the tax due to a statutory bar on collection. The tax therefore formed part of the price realised and had to be excluded from the assessable value. The refund granted on that basis was in accordance with law and was upheld in favour of the assessee. en-us Mon, 07 Jul 1997 00:00:00 +0530 Mon, 29 Aug 2011 11:34:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86884 Additional sales tax payable under the Tamil Nadu General Sales Tax Act was deductible from the sale price for central excise valuation because the approved price lists showed the assessee bore that liability on local sales and the buyers were not charged the tax due to a statutory bar on collection. The tax therefore formed part of the price realised and had to be excluded from the assessable value. The refund granted on that basis was in accordance with law and was upheld in favour of the assessee. Case-Laws Central Excise Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86884