https://www.taxtmi.com/caselaws?id=31903 Where scrap is sold for a single stated price and the buyer owes nothing further, that price is treated as a cum-duty price under Section 4 of the Central Excises and Salt Act, 1944. The embedded excise duty must then be deducted from the sale consideration when computing assessable value, because Section 4(4)(d)(ii) excludes duty from the value of excisable goods. On that basis, the duty component is not part of the assessable value even if it is not separately shown in the invoice. en-us Wed, 27 Feb 2002 00:00:00 +0530 Wed, 11 Jun 2025 11:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31903 Where scrap is sold for a single stated price and the buyer owes nothing further, that price is treated as a cum-duty price under Section 4 of the Central Excises and Salt Act, 1944. The embedded excise duty must then be deducted from the sale consideration when computing assessable value, because Section 4(4)(d)(ii) excludes duty from the value of excisable goods. On that basis, the duty component is not part of the assessable value even if it is not separately shown in the invoice. Case-Laws Central Excise Wed, 27 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31903