https://www.taxtmi.com/caselaws?id=41717 The court ruled in favor of the petitioner in a case concerning the assessable value of soaps manufactured for another company. The court held that the agreed price between the parties represented the wholesale cash price and should be accepted for excise duty purposes. Additionally, the court allowed the deduction of costs of outer folding corrugated boxes from the assessable value. As a result, the petition was allowed, the bank guarantee was discharged, and no costs were awarded in the case. en-us Thu, 03 Jul 1986 00:00:00 +0530 Sat, 05 Jun 2010 15:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41717 The court ruled in favor of the petitioner in a case concerning the assessable value of soaps manufactured for another company. The court held that the agreed price between the parties represented the wholesale cash price and should be accepted for excise duty purposes. Additionally, the court allowed the deduction of costs of outer folding corrugated boxes from the assessable value. As a result, the petition was allowed, the bank guarantee was discharged, and no costs were awarded in the case. Case-Laws Central Excise Thu, 03 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41717