https://www.taxtmi.com/circulars?id=357 Contributions from the Oil Pool Account that compensate oil companies for under-recovery on subsidised Superior Kerosene Oil sold at administered prices are not includible in the assessable value, because administered prices fixed under the statutory framework qualify as "price fixed under law" and the valuation proviso treats that price as the normal price, excluding subsequent additions such as Oil Pool compensation. en-us Mon, 18 Sep 2000 00:00:00 +0530 Tue, 23 Sep 2008 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=357 Contributions from the Oil Pool Account that compensate oil companies for under-recovery on subsidised Superior Kerosene Oil sold at administered prices are not includible in the assessable value, because administered prices fixed under the statutory framework qualify as "price fixed under law" and the valuation proviso treats that price as the normal price, excluding subsequent additions such as Oil Pool compensation. Circulars Central Excise Mon, 18 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=357