https://www.taxtmi.com/caselaws?id=93561 For valuation of patent and proprietary medicaments under Notification No. 245/83, the expression "excise duty" deductible from the price was held to include special excise duty as well as basic excise duty. The Tribunal followed its earlier ruling and interpreted the notification language broadly because the term was used without restriction. Special excise duty was therefore deductible in computing assessable value, and the issue was decided in favour of the assessee. en-us Fri, 05 May 2000 00:00:00 +0530 Mon, 14 Nov 2011 13:25:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93561 For valuation of patent and proprietary medicaments under Notification No. 245/83, the expression "excise duty" deductible from the price was held to include special excise duty as well as basic excise duty. The Tribunal followed its earlier ruling and interpreted the notification language broadly because the term was used without restriction. Special excise duty was therefore deductible in computing assessable value, and the issue was decided in favour of the assessee. Case-Laws Central Excise Fri, 05 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93561