https://www.taxtmi.com/caselaws?id=93566 In ad valorem valuation, deductions for octroi, turnover tax and similar weight-based charges must be translated into value when determining assessable value; the assessee must support the conversion with a chartered accountant-certified worksheet. Freight equalisation may be computed on a pro rata basis by averaging total clearances and total freight across all factories in a multi-factory, multi-product set-up. The material accepts both methods as permissible in principle, with the first subject to documentary verification. en-us Tue, 09 May 2000 00:00:00 +0530 Mon, 14 Nov 2011 14:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93566 In ad valorem valuation, deductions for octroi, turnover tax and similar weight-based charges must be translated into value when determining assessable value; the assessee must support the conversion with a chartered accountant-certified worksheet. Freight equalisation may be computed on a pro rata basis by averaging total clearances and total freight across all factories in a multi-factory, multi-product set-up. The material accepts both methods as permissible in principle, with the first subject to documentary verification. Case-Laws Central Excise Tue, 09 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93566