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2017 (3) TMI 610 - AT - Central ExciseValuation - the actual profit came 13.99% against notional profit of 10% declared by them - whether the actual profit needs to be included in assessable value or the notional profit? - Held that: - department can not resort to pick and choose and has to apply law uniformity - reliance was placed in the case of Chackolas Spinning And Weaving Mills Ltd. Versus Commissioner of Central Excise, Cochin [2015 (7) TMI 892 - SUPREME COURT], where it was held that the notional profits could be taken into consideration and added while arriving at the value of captive material - appeal allowed - decided in favor of appellant.
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