https://www.taxtmi.com/caselaws?id=92581 Turnover tax payable by a manufacturer was deductible from the assessable value for central excise purposes because the statutory exclusion covered sales tax and other taxes payable on the goods. The fact that the tax was not separately shown in the invoice or collected over and above the sale price did not defeat deduction, since legal liability to pay the tax existed at the relevant time. The disallowance by the authorities was therefore incorrect. en-us Fri, 22 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 16:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92581 Turnover tax payable by a manufacturer was deductible from the assessable value for central excise purposes because the statutory exclusion covered sales tax and other taxes payable on the goods. The fact that the tax was not separately shown in the invoice or collected over and above the sale price did not defeat deduction, since legal liability to pay the tax existed at the relevant time. The disallowance by the authorities was therefore incorrect. Case-Laws Central Excise Fri, 22 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92581