https://www.taxtmi.com/circulars?id=6264 The Attorney General advised that the deductible amount from the cum-duty price is the sales tax calculated at the effective rate on the finished goods, without reducing it by any input tax set-off. The Board instructed field formations not to issue, and to withdraw any issued, show-cause notices based on a contrary approach and to circulate this position for compliance. en-us Tue, 11 Jan 1994 00:00:00 +0530 Wed, 01 Jul 2009 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6264 The Attorney General advised that the deductible amount from the cum-duty price is the sales tax calculated at the effective rate on the finished goods, without reducing it by any input tax set-off. The Board instructed field formations not to issue, and to withdraw any issued, show-cause notices based on a contrary approach and to circulate this position for compliance. Circulars Central Excise Tue, 11 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6264