https://www.taxtmi.com/caselaws?id=89297 Rule 196A of the Central Excise Rules, 1944 governed clearance of surplus excisable goods on payment of duty by tying the applicable rate of duty and tariff valuation to the date of actual removal. Because the rule did not create a separate mechanism for assessable value, the value had to be determined under Section 4(1) on the basis of the price prevailing at clearance, not the earlier manufacturer's price. The interpretive approach applied earlier to Rule 196 was treated as equally applicable to Rule 196A. On that basis, a demand for differential duty was held unsustainable. en-us Tue, 30 Jun 1998 00:00:00 +0530 Mon, 26 Sep 2011 11:00:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89297 Rule 196A of the Central Excise Rules, 1944 governed clearance of surplus excisable goods on payment of duty by tying the applicable rate of duty and tariff valuation to the date of actual removal. Because the rule did not create a separate mechanism for assessable value, the value had to be determined under Section 4(1) on the basis of the price prevailing at clearance, not the earlier manufacturer's price. The interpretive approach applied earlier to Rule 196 was treated as equally applicable to Rule 196A. On that basis, a demand for differential duty was held unsustainable. Case-Laws Central Excise Tue, 30 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89297