https://www.taxtmi.com/caselaws?id=165733 Ex-factory price was the correct basis for computing assessable value for set-off under Notification No. 198/76 because wholesale dealers' price included excise duty, fertilizer pool contribution, equalised freight and dealers' margin. The attempted reduction in exemption through executive instructions could not be applied after those instructions had been quashed by the High Court, so the notification had to operate on its full terms. The assessee was therefore entitled to the full rebate and succeeded on the issue. en-us Mon, 08 Feb 1982 00:00:00 +0530 Fri, 08 Aug 2014 15:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165733 Ex-factory price was the correct basis for computing assessable value for set-off under Notification No. 198/76 because wholesale dealers' price included excise duty, fertilizer pool contribution, equalised freight and dealers' margin. The attempted reduction in exemption through executive instructions could not be applied after those instructions had been quashed by the High Court, so the notification had to operate on its full terms. The assessee was therefore entitled to the full rebate and succeeded on the issue. Case-Laws Central Excise Mon, 08 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165733