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2015 (12) TMI 802 - AT - Central ExciseValuation - Determination of assessable value - Clearances of ore concentrate made by Rajpura Dariba Mines unit of the respondent company - Held that:- While determining the assessable value under Rule 6 (b) (ii) of the Central Excise Valuation Rules, 1975, the dispute is only about the profit margin to be added. While according to the respondent, the profit margin of 10 per cent has been correctly adopted, according to the department’s profit margin to be adopted for determination of value under Rule 6 (b) (ii) must be the overall profit earned by the Respondent company and accordingly since during 1999-2000, the respondent company in its balance sheet had reflected the profit 15.24 per cent, it is this profit which is sought to be adopted by the department for determining the assessable value of ore concentrate - there is no justification for adopting the profit margin of the respondent company during 1999-2000 in its balance sheet and that the profit margin to be adopted is the profit margin in respect of the ore concentrate unit only - Decided against revenue.
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