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Supreme Court Upholds Exclusion of Interest, Depreciation, Profit Margin in Cost of Production Under CAS-4 for Excise Valuation.
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....Valuation of goods - Undervaluation - determination of cost of production as per CAS-4 - inclusion of interest expenditure, depreciation and profit margin - tribunal has rightly concluded that three elements are not to be included in the cost of production - SC....
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