2015 (12) TMI 72

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....lant. Ms. Ranjana Jha, DR, for the Respondent. ORDER The precise question in this appeal is whether the amount collected over and above the insurance premium paid to the insurance company is taxable in the hands of appellants. The excess is not includible under Section 4 of Central Excise Act, 1944 to determine the assessable value. The excess collection being profit in the hand of the ap....