Siddartha Tubes Ltd vs Commissioner Of Central Excise, Indore ...

The Supreme Court ruled that under Section 4 of the Central Excise Act, 1944, the assessable value of m.s./g.i. pipes must include the cost of sockets and service charges, as they are integral to the functioning and sale of the pipes. The Court held that the normal price charged by the appellant constituted the basis for excise duty, rejecting the appellant's claims that sockets were independent goods and service charges were unrelated to the manufacture. The appeal was dismissed, affirming the department's valuation method.