https://www.taxtmi.com/caselaws?id=41212 During the exemption period under Notification No. 33/71, the sale price was treated as inclusive of the duty element shown on invoices, but that amount was regarded as notional rather than an actual deductible component. Section 4 of the Central Excises and Salt Act did not allow exclusion of such notional duty from assessable value, and the earlier review order on the same issue supported that position. The duty element separately charged but retained by the assessee was therefore not deductible, and the Department's valuation computation was upheld. en-us Fri, 31 Oct 1980 00:00:00 +0530 Mon, 31 May 2010 12:28:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41212 During the exemption period under Notification No. 33/71, the sale price was treated as inclusive of the duty element shown on invoices, but that amount was regarded as notional rather than an actual deductible component. Section 4 of the Central Excises and Salt Act did not allow exclusion of such notional duty from assessable value, and the earlier review order on the same issue supported that position. The duty element separately charged but retained by the assessee was therefore not deductible, and the Department's valuation computation was upheld. Case-Laws Central Excise Fri, 31 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41212