https://www.taxtmi.com/caselaws?id=153985 For removals after 1 July 2000, excise valuation under amended Section 4 of the Central Excise Act turns on transaction value, which includes the sale price and any amount payable by the buyer in connection with the sale. Cylinder rent charged for containers used to supply gas was treated as an amount connected with the sale and therefore includible in assessable value. Rule 6 of the 2000 Valuation Rules and the contemporaneous Board circular supported that inclusion. Pre-amendment authorities based on the concept of normal price were held inapplicable to the post-1 July 2000 valuation regime. en-us Thu, 03 Dec 2009 00:00:00 +0530 Fri, 02 Aug 2013 16:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153985 For removals after 1 July 2000, excise valuation under amended Section 4 of the Central Excise Act turns on transaction value, which includes the sale price and any amount payable by the buyer in connection with the sale. Cylinder rent charged for containers used to supply gas was treated as an amount connected with the sale and therefore includible in assessable value. Rule 6 of the 2000 Valuation Rules and the contemporaneous Board circular supported that inclusion. Pre-amendment authorities based on the concept of normal price were held inapplicable to the post-1 July 2000 valuation regime. Case-Laws Central Excise Thu, 03 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153985