https://www.taxtmi.com/caselaws?id=44446 For an exemption notification that applies a ceiling on the total value of excisable goods cleared in the preceding financial year, the computation must follow the statutory assessable value rule. Sales tax, general tax and additional tax are excluded from the value under section 4(4)(d)(ii), so they cannot be added back when testing eligibility for the exemption limit. The correct valuation method therefore governs the ceiling calculation, and any contrary inclusion of such taxes is erroneous. en-us Wed, 18 Sep 1996 00:00:00 +0530 Sat, 26 Jun 2010 12:15:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44446 For an exemption notification that applies a ceiling on the total value of excisable goods cleared in the preceding financial year, the computation must follow the statutory assessable value rule. Sales tax, general tax and additional tax are excluded from the value under section 4(4)(d)(ii), so they cannot be added back when testing eligibility for the exemption limit. The correct valuation method therefore governs the ceiling calculation, and any contrary inclusion of such taxes is erroneous. Case-Laws Central Excise Wed, 18 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44446