Valuation of goods for Central Excise Purpose - cum duty price.

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..... dgement dated 27.02.2002 in the case of CCE, Delhi vs. Maruty Udyog Ud. [2002 (141) ELT 3 (SC)]. Vide the said judgement, appeals filed by the Department were dismissed by the Hon'ble Supreme Court, upholding that the sale price raised by the assessee is to be regarded as inclusive of excise duty and therefore, in arriving at the excisable value of the goods, the element of duty which is payable i .....

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..... that the amended provision will apply only prospectively and the old cases will have to be pursued as per the provisions of law prevailing at the relevant time. It is requested that the contents of this Circular may be brought to the notice of all the Commissioners under your charge for necessary action at their end. Sungita Sharma Director (Review) - Circular - Trade Notice - Public Notice .....

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