https://www.taxtmi.com/caselaws?id=41124 Section 4 of the Central Excises and Salt Act, 1944 confines abatement from the wholesale cash price to the duty payable on the excisable goods cleared. Duties paid on raw materials or components used in manufacture are not deductible from the assessable value, because the provision does not extend to indirect duty incidence on inputs. The broader claim that all ascertainable duty paid at earlier stages must be excluded was rejected as beyond the statutory scope, and the petitioners' valuation challenge failed. en-us Sat, 20 Aug 1977 00:00:00 +0530 Fri, 21 May 2010 11:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41124 Section 4 of the Central Excises and Salt Act, 1944 confines abatement from the wholesale cash price to the duty payable on the excisable goods cleared. Duties paid on raw materials or components used in manufacture are not deductible from the assessable value, because the provision does not extend to indirect duty incidence on inputs. The broader claim that all ascertainable duty paid at earlier stages must be excluded was rejected as beyond the statutory scope, and the petitioners' valuation challenge failed. Case-Laws Central Excise Sat, 20 Aug 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41124