https://www.taxtmi.com/caselaws?id=176757 A uniform 2% margin allowed to wholesale buyers and consignment agents for damage and replacement was not includible in assessable value because it formed part of the general marketing policy and was not tied to any state-wise price variation. Excise valuation continued to depend on the wholesale/normal sale price, not the retail price. However, where debit notes were actually issued for a quantified amount, that amount became legally recoverable and could be included for duty purposes. The demand was sustained only to the extent of the debit-note amounts, and the balance was set aside. en-us Mon, 27 Apr 2015 00:00:00 +0530 Mon, 28 Dec 2015 21:08:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176757 A uniform 2% margin allowed to wholesale buyers and consignment agents for damage and replacement was not includible in assessable value because it formed part of the general marketing policy and was not tied to any state-wise price variation. Excise valuation continued to depend on the wholesale/normal sale price, not the retail price. However, where debit notes were actually issued for a quantified amount, that amount became legally recoverable and could be included for duty purposes. The demand was sustained only to the extent of the debit-note amounts, and the balance was set aside. Case-Laws Central Excise Mon, 27 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176757