https://www.taxtmi.com/caselaws?id=40977 Valves fitted to gas cylinders were not treated as part of the cylinders for central excise valuation because the cylinders, valves and regulators were separately manufactured under distinct licences, from different materials and by different processes, and cylinders were often sold without valves. The mere fact that valves were necessary for the cylinders' use did not justify adding their value to the assessable value of the cylinders under the tariff entry for containers. The revisional order was therefore set aside and the inclusion of valve value in the cylinders' assessable value was held invalid. en-us Tue, 22 Sep 1981 00:00:00 +0530 Wed, 19 May 2010 10:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40977 Valves fitted to gas cylinders were not treated as part of the cylinders for central excise valuation because the cylinders, valves and regulators were separately manufactured under distinct licences, from different materials and by different processes, and cylinders were often sold without valves. The mere fact that valves were necessary for the cylinders' use did not justify adding their value to the assessable value of the cylinders under the tariff entry for containers. The revisional order was therefore set aside and the inclusion of valve value in the cylinders' assessable value was held invalid. Case-Laws Central Excise Tue, 22 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40977