https://www.taxtmi.com/caselaws?id=40559 The court set aside the Assistant Collector's order determining the assessable value of chemicals under the Central Excises and Salt Act, 1944, except for the applicability of clause (b) of Section 4. The respondents were directed to reassess the value in accordance with the law, excluding post-manufacturing expenses and profits. The petitioner was instructed to deposit the excess excise duty realized from customers in a separate bank account and provide particulars to the respondents. The rule was made absolute to the extent indicated, with no order as to costs. en-us Wed, 17 Sep 1975 00:00:00 +0530 Mon, 10 May 2010 15:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40559 The court set aside the Assistant Collector's order determining the assessable value of chemicals under the Central Excises and Salt Act, 1944, except for the applicability of clause (b) of Section 4. The respondents were directed to reassess the value in accordance with the law, excluding post-manufacturing expenses and profits. The petitioner was instructed to deposit the excess excise duty realized from customers in a separate bank account and provide particulars to the respondents. The rule was made absolute to the extent indicated, with no order as to costs. Case-Laws Central Excise Wed, 17 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40559