Central Excise Law: Bought-out Items' Cost in Goods Valuation Cannot Override Charging Provision of Section 4.

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....Valuation - inclusion of cost of bought out items - A machinery provision contained in Section 4 and that too the explanation contained therein by way of definition of transaction value can neither override the charging provision nor by reason thereof a goods which is not excisable would become an excisable one only because one is fitted into the other, unless the context otherwise requires. - AT....