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1982 (11) TMI 55 - HC - Central ExciseExtract: .......acturer s profits from the books of account maintained by the petitioner. 10. In this view of the matter, the order of the second respondent dated 27-12-1981 is quashed with a direction to the second respondent to determine the assessable value according to law and after excluding the post-manufacturing expenses. There will be no order as to costs.
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