https://www.taxtmi.com/circulars?id=7047 Assessable value for levy of cess on motor vehicles: whether it should be the ex-factory wholesale price or include excise duty. A tribunal held valuation should follow statutory rules, but pending the department's appeal the Board directed that cess be levied on value inclusive of excise duty and that demands not already issued be raised immediately to keep the matter alive. en-us Fri, 15 Jan 1988 00:00:00 +0530 Thu, 09 Jul 2009 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7047 Assessable value for levy of cess on motor vehicles: whether it should be the ex-factory wholesale price or include excise duty. A tribunal held valuation should follow statutory rules, but pending the department's appeal the Board directed that cess be levied on value inclusive of excise duty and that demands not already issued be raised immediately to keep the matter alive. Circulars Central Excise Fri, 15 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7047