https://www.taxtmi.com/circulars?id=555 Sale price for excise valuation is to be regarded as inclusive of excise duty, and the duty element must be excluded in determining excisable value per the cited Supreme Court rulings. Cases pending or remanded on this issue are to be kept pending until the Department's review petition is decided; adverse interim appellate decisions should be appealed. The Finance Act amendment deeming price cum duty to include duty is viewed by the Board as prospectively applicable only, so earlier cases are to be pursued under the law in force at the relevant time. en-us Fri, 26 Sep 2003 00:00:00 +0530 Wed, 24 Sep 2008 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=555 Sale price for excise valuation is to be regarded as inclusive of excise duty, and the duty element must be excluded in determining excisable value per the cited Supreme Court rulings. Cases pending or remanded on this issue are to be kept pending until the Department's review petition is decided; adverse interim appellate decisions should be appealed. The Finance Act amendment deeming price cum duty to include duty is viewed by the Board as prospectively applicable only, so earlier cases are to be pursued under the law in force at the relevant time. Circulars Central Excise Fri, 26 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=555