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2017 (6) TMI 1233 - BOMBAY HIGH COURTValuation - P.C. Poles manufactured by the appellant-assessee and used by State Electricity Board in transmission of electricity - Rule 8 or Rule 11 of Valuation Rules - Held that:- The issuing arising herein stands concluded by the decision of the Apex Court in Commissioner of C. Ex. Pune v. Mahindra Ugine Steel Co. Ltd. [2015 (4) TMI 351 - SUPREME COURT], wherein the Court held that Rule 8 of the Valuation Rules, 2000 would not be applicable as the goods are not used for production or manufacture of other articles either by the assessee or by any other person on its behalf. Rule 8 would not be applicable and the assessment would have to be a best judgment assessment in terms of Rule 11 of Valuation Rules, 2000. Appeal dismissed - decided against assessee.
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