https://www.taxtmi.com/caselaws?id=40610 Assessable value for excise on vanaspati excluded the price of containers, freight and transport charges because Section 4 required valuation on the wholesale cash price at removal, and post-manufacturing expenses were not part of the real value unless the statute expressly so provided. The challenge to rejection of the price list was also held not to be barred by the alternative-remedy rule, because it raised a recurring question of law affecting successive assessments rather than a one-time completed assessment. The writ petition succeeded, the impugned order was quashed, and excise valuation had to be made without adding container costs or freight. en-us Tue, 17 Oct 1978 00:00:00 +0530 Wed, 12 May 2010 09:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40610 Assessable value for excise on vanaspati excluded the price of containers, freight and transport charges because Section 4 required valuation on the wholesale cash price at removal, and post-manufacturing expenses were not part of the real value unless the statute expressly so provided. The challenge to rejection of the price list was also held not to be barred by the alternative-remedy rule, because it raised a recurring question of law affecting successive assessments rather than a one-time completed assessment. The writ petition succeeded, the impugned order was quashed, and excise valuation had to be made without adding container costs or freight. Case-Laws Central Excise Tue, 17 Oct 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40610