https://www.taxtmi.com/caselaws?id=169938 Amounts collected from buyers as sales tax were held includible in the transaction value where the assessee was exempt from paying sales tax and no corresponding tax liability existed. The statutory deduction for sales tax under the Central Excise Act, 1944 was unavailable because the amount retained from customers did not represent tax actually payable to the State. The resulting assessable value could not be reduced on that basis, and the differential duty was required to be confirmed. en-us Wed, 03 Sep 2014 00:00:00 +0530 Tue, 12 May 2015 15:11:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169938 Amounts collected from buyers as sales tax were held includible in the transaction value where the assessee was exempt from paying sales tax and no corresponding tax liability existed. The statutory deduction for sales tax under the Central Excise Act, 1944 was unavailable because the amount retained from customers did not represent tax actually payable to the State. The resulting assessable value could not be reduced on that basis, and the differential duty was required to be confirmed. Case-Laws Central Excise Wed, 03 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169938