https://www.taxtmi.com/caselaws?id=288557 For valuation under a price-based excise exemption, the cum-duty retail price had to be reduced by the full excise duty incidence demanded, together with actual sales tax, which brought the price below the relevant slab. The value of PVC straps was excluded because they were accessories and not essential to marketability of the wireless sets. Handling charges were treated as post-manufacturing charges and required verification from the records before inclusion in sale price. Sales tax was deductible only on the actual amount borne for the relevant consignments. On these principles, the department's challenge failed and the appeal was dismissed. en-us Wed, 26 Aug 1992 00:00:00 +0530 Tue, 16 Jun 2020 16:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288557 For valuation under a price-based excise exemption, the cum-duty retail price had to be reduced by the full excise duty incidence demanded, together with actual sales tax, which brought the price below the relevant slab. The value of PVC straps was excluded because they were accessories and not essential to marketability of the wireless sets. Handling charges were treated as post-manufacturing charges and required verification from the records before inclusion in sale price. Sales tax was deductible only on the actual amount borne for the relevant consignments. On these principles, the department's challenge failed and the appeal was dismissed. Case-Laws Income Tax Wed, 26 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288557