https://www.taxtmi.com/caselaws?id=40692 The court held that post-manufacturing costs and profits should be excluded in determining the assessable value under the new Section 4 of the Central Excise and Salt Act, 1944. The impugned order disallowing these deductions was set aside. The court did not address the legislative competence issue as the primary ground of challenge was accepted. The respondents were directed to consider the petitioner's revised price lists and refund the amount paid under protest. No costs were awarded, and the rule was made absolute. en-us Wed, 28 Nov 1979 00:00:00 +0530 Thu, 13 May 2010 13:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40692 The court held that post-manufacturing costs and profits should be excluded in determining the assessable value under the new Section 4 of the Central Excise and Salt Act, 1944. The impugned order disallowing these deductions was set aside. The court did not address the legislative competence issue as the primary ground of challenge was accepted. The respondents were directed to consider the petitioner's revised price lists and refund the amount paid under protest. No costs were awarded, and the rule was made absolute. Case-Laws Central Excise Wed, 28 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40692