https://www.taxtmi.com/caselaws?id=41269 Post-manufacturing expenses were held deductible while determining assessable value for excise duty under Section 4, because the issue was already covered by binding law and the assessing authority was required to apply that principle. The contrary inclusion of such expenses in the duty value was unsustainable. As duty had been collected on an inflated assessable value, the petitioners were entitled to recalculation of the deduction and consequential refund of excise duty. en-us Tue, 26 Oct 1982 00:00:00 +0530 Tue, 01 Jun 2010 15:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41269 Post-manufacturing expenses were held deductible while determining assessable value for excise duty under Section 4, because the issue was already covered by binding law and the assessing authority was required to apply that principle. The contrary inclusion of such expenses in the duty value was unsustainable. As duty had been collected on an inflated assessable value, the petitioners were entitled to recalculation of the deduction and consequential refund of excise duty. Case-Laws Central Excise Tue, 26 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41269