https://www.taxtmi.com/caselaws?id=111463 The Tribunal clarified that the entire Sales Tax payable, without considering set-off for inputs, can be deducted from the cum duty price of excisable goods for determining the assessable value under the Central Excise Act. Relying on previous decisions and circulars, the Tribunal allowed the deduction of the full sales tax payable, contrary to the assessing authority's view. This decision ensures consistency in calculating the assessable value under the Central Excise Act by directly applying the circular that excludes set-off schemes from sales tax calculations. en-us Mon, 23 Feb 2004 00:00:00 +0530 Mon, 23 Apr 2012 16:20:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111463 The Tribunal clarified that the entire Sales Tax payable, without considering set-off for inputs, can be deducted from the cum duty price of excisable goods for determining the assessable value under the Central Excise Act. Relying on previous decisions and circulars, the Tribunal allowed the deduction of the full sales tax payable, contrary to the assessing authority's view. This decision ensures consistency in calculating the assessable value under the Central Excise Act by directly applying the circular that excludes set-off schemes from sales tax calculations. Case-Laws Central Excise Mon, 23 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111463