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2017 (5) TMI 1381 - CESTAT MUMBAIValuation - includibility - whether the excise duty paid on inputs and notional profit is liable to be added in the assessable value of the final products manufactured and cleared by the appellant? - Held that: - regarding the issue of inclusion of notional profit, no amount on account of profit can be added - since this factual aspect which observed by the Commissioner (Appeals) was not raised right from the SCN stage, at this stage, it is impractical for the appellant to come out with the Cost Accountant’s certificate, therefore, even on the basis of cost certified by the appellant can be accepted subject to the correctness of the data on the basis of Books of Account - appeal allowed by way of remand.
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