https://www.taxtmi.com/caselaws?id=40646 The High Court ruled in favor of the petitioners, a tyre manufacturing company, in a dispute over the inclusion of post-manufacturing expenses in the assessable value for excise duty under the Central Excises and Salt Act, 1944. The court held that post-manufacturing expenses should be excluded from the calculation, limiting the excise duty liability to manufacturing cost and profit. The judgment directed the Excise Authorities to recalculate excise duty without considering post-manufacturing expenses, based on the manufacturer's receipt from the first wholesale dealer. en-us Fri, 13 Feb 1976 00:00:00 +0530 Tue, 03 May 2011 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40646 The High Court ruled in favor of the petitioners, a tyre manufacturing company, in a dispute over the inclusion of post-manufacturing expenses in the assessable value for excise duty under the Central Excises and Salt Act, 1944. The court held that post-manufacturing expenses should be excluded from the calculation, limiting the excise duty liability to manufacturing cost and profit. The judgment directed the Excise Authorities to recalculate excise duty without considering post-manufacturing expenses, based on the manufacturer's receipt from the first wholesale dealer. Case-Laws Central Excise Fri, 13 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40646