https://www.taxtmi.com/caselaws?id=88816 Election of invoice value assessment under Rule 173C(11) did not by itself extinguish statutory deductions otherwise allowable under Section 4(4)(d)(ii) of the Central Excise Act. The assessee, however, still had to substantiate that the higher depot price reflected post-removal additions such as freight and insurance, and the supporting material had to be properly examined. Because the lower appellate authority did not consider the Chartered Accountant's certificate and related documents filed with the appeal, the matter required fresh determination after giving the assessee a hearing and an opportunity to produce evidence. The order was set aside and the dispute remanded for de novo consideration of assessable value. en-us Mon, 13 Apr 1998 00:00:00 +0530 Wed, 21 Sep 2011 15:19:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88816 Election of invoice value assessment under Rule 173C(11) did not by itself extinguish statutory deductions otherwise allowable under Section 4(4)(d)(ii) of the Central Excise Act. The assessee, however, still had to substantiate that the higher depot price reflected post-removal additions such as freight and insurance, and the supporting material had to be properly examined. Because the lower appellate authority did not consider the Chartered Accountant's certificate and related documents filed with the appeal, the matter required fresh determination after giving the assessee a hearing and an opportunity to produce evidence. The order was set aside and the dispute remanded for de novo consideration of assessable value. Case-Laws Central Excise Mon, 13 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88816