Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2013 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (3) TMI 402 - AT - Central ExciseValuation - captive consumption, though not for production or manufacture of other articles - Rule 11 of the Central Excise Valuation Rules, 2000 - Held that:- the original authority adopting the principles of Rule 8 and applying the method of valuation on the basis of 115% of the cost of production of the impugned goods, is reasonable, since the said goods have been captively used by the respondents even though not for production or manufacture of other articles. Rule 11 of the Central Excise Valuation Rules, 2000 which is a residuary rule which provided that the value shall be determined using reasonable means consistent with the principles and general provisions of the rules and sub-section (1) of Section 4 of the Act. Further we find that the Tribunal in appellant’s own case (CCE, Nagpur v. P.C. Pole Factory - (COMMISSIONER OF C. EX., NAGPUR versus P. C. POLE FACTORY) after taking into consideration Rule 11 of the Central Excise Rules, 2000 which are applicable to the facts and circumstances of the present case held in favour of the Revenue.
|