https://www.taxtmi.com/caselaws?id=91115 For excise valuation of computers, software cost was excluded because software was not treated as part of the manufactured computer for assessable value purposes, so that amount was not includible. A numerical co-processor was treated as an essential part of the computer and was therefore includible, while a dot matrix printer was treated as a non-essential peripheral that need not form part of every computer system and was therefore excluded. The penalty was also reduced because it was considered excessive in light of the limited value involved. en-us Thu, 04 Dec 1997 00:00:00 +0530 Thu, 13 Oct 2011 18:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91115 For excise valuation of computers, software cost was excluded because software was not treated as part of the manufactured computer for assessable value purposes, so that amount was not includible. A numerical co-processor was treated as an essential part of the computer and was therefore includible, while a dot matrix printer was treated as a non-essential peripheral that need not form part of every computer system and was therefore excluded. The penalty was also reduced because it was considered excessive in light of the limited value involved. Case-Laws Central Excise Thu, 04 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91115