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2013 (11) TMI 1340 - AT - Central ExciseValuation - Assessment of clearances on cost construction basis – Assessee transferred goods to their sister unit – Held that:- Following Ispat Industries Ltd. vs. CCE, Raigad [2007 (2) TMI 5 - CESTAT, MUMBAI] - Transfer of part of production to another plant of the same assessee and balance production sold to independent buyers would not attract the provisions of Rule 8 in respect of transferred production - Rule 8 of Central Excise (Valuation ) Rules, 2000 would apply only where entire production of a particular commodity is captively consumed - the assessee is partly selling their goods to independent buyers and partly transferring the same to their sister units, thus, the cost construction based assessable value adopted by the Revenue is not justified - order are set aside and appeals – Decided in favour of Assessee.
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