https://www.taxtmi.com/caselaws?id=41629 The High Court of Bombay ruled in favor of International Tractor Company of India Limited, holding that the Department could not include the value of hour meters and wheel weights in the assessment of tractors for excise duty. The Court emphasized that as the accessories were not essential components of the tractors and were exempt from duty, their value should not be considered in determining the assessable value of the tractors. The appeal by the Department was dismissed, and the respondent's Advocate was allowed to withdraw the costs deposited by the appellant for the appeal. en-us Thu, 24 Jun 1982 00:00:00 +0530 Sat, 05 Jun 2010 10:06:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41629 The High Court of Bombay ruled in favor of International Tractor Company of India Limited, holding that the Department could not include the value of hour meters and wheel weights in the assessment of tractors for excise duty. The Court emphasized that as the accessories were not essential components of the tractors and were exempt from duty, their value should not be considered in determining the assessable value of the tractors. The appeal by the Department was dismissed, and the respondent's Advocate was allowed to withdraw the costs deposited by the appellant for the appeal. Case-Laws Central Excise Thu, 24 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41629