https://www.taxtmi.com/caselaws?id=40886 An earlier erroneous excise refund could be reopened and recovered under Rule 10 when the statutory conditions for correction of mistake, inadvertence or misconstruction were met, and the recovery was within the extended one-year period applied through Rule 173-J. The commentary also states that post-manufacturing breakage loss was not deductible in computing assessable value, because excise attaches at manufacture and removal and a later loss cannot reduce the manufacturing cost embedded in the sale price. On that analysis, the revisional challenge failed and the writ petition was dismissed. en-us Tue, 09 Sep 1980 00:00:00 +0530 Sat, 15 May 2010 15:32:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40886 An earlier erroneous excise refund could be reopened and recovered under Rule 10 when the statutory conditions for correction of mistake, inadvertence or misconstruction were met, and the recovery was within the extended one-year period applied through Rule 173-J. The commentary also states that post-manufacturing breakage loss was not deductible in computing assessable value, because excise attaches at manufacture and removal and a later loss cannot reduce the manufacturing cost embedded in the sale price. On that analysis, the revisional challenge failed and the writ petition was dismissed. Case-Laws Central Excise Tue, 09 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40886