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2017 (3) TMI 603 - CESTAT MUMBAIValuation - whether the assessable value of bulk drugs cleared by the appellant to their sister unit should have been computed in terms of Rule 6 of the Valuations Rules? - Rule 6 of Central Excise Valuation Rues, 1975 - Held that: - As per above Rule 6(b)(i) when the goods are not sold by the assessee but are used or consumed by the manufacturer himself or on his behalf in the production of other article, the value should be based on the value of comparable goods produced or manufactured by the assessee or by any other assessee and in such case value cannot be should computed on the cost of production including notional profit. As per the fact of the case there is no sale of the goods in question by the appellant, therefore value of comparable goods of other manufacturer has to be accepted as comparable price - appeal allowed - decided in favor of appellant.
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