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2018 (2) TMI 359 - AT - Central ExciseValuation of job-worked goods - the Department noticed that the appellant did not include the process loss/burning loss of the raw-materials while determining the assessable value of such goods - demand of differential duty - Held that: - the cost of raw-materials supplied to the job-worker is to be included along with the processing charges as well as the element of profit for the job-worker. It is seen from record that the appellant has included only the cost of raw-materials contained in the finished products as has been held by the authorities below. But to arrive at the proper value, the cost of entire raw-materials consumed in the manufacture is to be added - the assessable value of the job-worked goods needs to be re-worked to include the value of raw-materials attributable to the burning loss which has escaped. Time limitation - Held that: - The demand pertains to the period March 2001 to July 2004 for which show-cause notice stands issued only on 31.03.2006 which is beyond the normal period of limitation - demand hit on the ground of time bar. Appeal allowed - decided in favor of appellant.
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