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2016 (8) TMI 380 - AT - Central ExciseValuation - Clearance of goods on job work basis - no evidence provided that the goods cleared on job work basis are not the same as the goods cleared otherwise - Appellant paid duty in terms of the decision of Hon'ble Apex Court in the case of Ujagar Prints Ltd. Vs. Union of India & others [1989 (1) TMI 124 - SUPREME COURT OF INDIA] - Held that:- valuation is not an exact science. Some amount of guess work exists in valuation. Therefore, different methods are prescribed by Valuation Rules. These rules are prescribed in order to find out the actual realization which realization constitutes the basis of assessable value. At the same time one must keep in mind that different methods prescribed have to converge to a common valuation. Thus the correct method of ascertainment of value would be the method prescribed by the Hon'ble Apex Court in the case of Ujagar Prints Ltd. In view of the above the assessment done by the appellants is correct and as per law. - Decided in favour of assessee
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