https://www.taxtmi.com/caselaws?id=92534 Assessable value for Central Excise duty was determined by the price prevailing when sugar was cleared from the factory gate. A later court-directed refixation that increased the levy price did not reopen or alter the value already crystallised at clearance. The principle applied was that a post-clearance change in price, whether upward or downward, does not retrospectively affect the duty chargeable on goods as cleared. The differential amount received on subsequent refixation was therefore not includible in the assessable value for Central Excise duty. en-us Wed, 06 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 12:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92534 Assessable value for Central Excise duty was determined by the price prevailing when sugar was cleared from the factory gate. A later court-directed refixation that increased the levy price did not reopen or alter the value already crystallised at clearance. The principle applied was that a post-clearance change in price, whether upward or downward, does not retrospectively affect the duty chargeable on goods as cleared. The differential amount received on subsequent refixation was therefore not includible in the assessable value for Central Excise duty. Case-Laws Central Excise Wed, 06 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92534