https://www.taxtmi.com/caselaws?id=45331 For valuation under the Central Excise law, the dominant issue was whether the cost of galvanisation undertaken after duty payment on M.S. black pipes must be included in the assessable value of galvanised black pipes. The SC held that although galvanisation did not amount to "manufacture", it enhanced the intrinsic and full commercial value of the goods, reflected in the higher price realised, and the location of the galvanisation process in a different shed was legally irrelevant. Consequently, the assessable value of galvanised black pipes had to include the cost element of galvanisation, and the appeal was dismissed. en-us Wed, 03 Nov 1999 00:00:00 +0530 Thu, 01 Jan 2026 19:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45331 For valuation under the Central Excise law, the dominant issue was whether the cost of galvanisation undertaken after duty payment on M.S. black pipes must be included in the assessable value of galvanised black pipes. The SC held that although galvanisation did not amount to "manufacture", it enhanced the intrinsic and full commercial value of the goods, reflected in the higher price realised, and the location of the galvanisation process in a different shed was legally irrelevant. Consequently, the assessable value of galvanised black pipes had to include the cost element of galvanisation, and the appeal was dismissed. Case-Laws Central Excise Wed, 03 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45331