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2016 (9) TMI 479 - AT - Central ExciseValuation - determination of assessable value - caustic soda lye supplied to the appellant’s sister unit - supply of caustic soda lye to independent buyers also - Held that:- in the present case, normal price, i.e., the price of caustic soda lye ordinarily sold by the appellant to independent buyers in the course of wholesale trade is available and therefore by virtue of Section 4(1)(a) ibid that will be deemed to be assessable value obviating the need to go to Section 4(1)(b) ibid and the Valuation Rules framed thereunder. Therefore, the assessable value for caustic soda lye supplied by the appellant to its sister unit would be the same as determined for the independent buyers in terms of Section 4(1)(a) ibid. As a consequence the contention of the appellant regarding deduction of freight element for transporting goods upto the sister unit’s premises is rendered irrelevant. - Decided against the appellant
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