https://www.taxtmi.com/caselaws?id=42712 Retrospective amendment to Section 4(4)(d)(ii) of the Central Excises and Salt Act required valuation of excisable goods on the basis of the effective duty actually payable after giving full effect to an exemption notification. The deductible amount from the normal price was not the tariff duty without reference to the exemption, but only the duty payable after the exemption was applied. Amounts retained by the manufacturer and not passed on to buyers remained part of the assessable value for excise valuation purposes. en-us Mon, 10 Jul 1989 00:00:00 +0530 Sat, 12 Jun 2010 18:08:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42712 Retrospective amendment to Section 4(4)(d)(ii) of the Central Excises and Salt Act required valuation of excisable goods on the basis of the effective duty actually payable after giving full effect to an exemption notification. The deductible amount from the normal price was not the tariff duty without reference to the exemption, but only the duty payable after the exemption was applied. Amounts retained by the manufacturer and not passed on to buyers remained part of the assessable value for excise valuation purposes. Case-Laws Central Excise Mon, 10 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42712