https://www.taxtmi.com/caselaws?id=41391 The court's judgment clarified that the value of excisable goods for duty purposes should be based on the wholesale price charged by the manufacturer, including post-manufacturing expenses and profits. It interpreted the term "related person" narrowly and specified which post-manufacturing expenses could be deducted from the price. The inclusion of primary packing costs was mandated, while secondary packing costs were excluded unless necessary for marketability. The decision aimed to ensure consistency and fairness in excise duty application while upholding legislative intent and constitutional principles. en-us Fri, 07 Oct 1983 00:00:00 +0530 Thu, 23 Apr 2015 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41391 The court's judgment clarified that the value of excisable goods for duty purposes should be based on the wholesale price charged by the manufacturer, including post-manufacturing expenses and profits. It interpreted the term "related person" narrowly and specified which post-manufacturing expenses could be deducted from the price. The inclusion of primary packing costs was mandated, while secondary packing costs were excluded unless necessary for marketability. The decision aimed to ensure consistency and fairness in excise duty application while upholding legislative intent and constitutional principles. Case-Laws Central Excise Fri, 07 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41391