SUB:-Whether the amount of Dharmada charged in the invoices and recovered from the customers is required to be included in the assessable value under Section 4 of Central Excise Act 1944. - reg.
It is hereby clarified that 'Dharmada' collected from the buyers by the assessees is includible in the assessable value, as has been held by the Hon'ble Supreme Court vide its order dated 28.11.2002 in Civil Appeal No. 7900-7902/95 in the case of CCE, Allahabad Vs Panchmukhi Engg. Works and Others.
2. All concerned are, therefore, required to ensure that 'Dharmada' collected by the assessee from the buyer is included in the assessable value, for the purpose of valuation under the Central Excise Act, 1944.
3. All trade associations are requested to give wide publicity of the contents of this Trade Notice amongst their members / constituents.
( ANITA SAHNI )
COMMISSIONER
Authority: CBE&C'S Circular No.763/79/2003-CX dated 21.11.2003