1987 (2) TMI 220 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, New Delhi in 1987 stated that Rule 6(b) of the Central Excise (Valuation) Rules, 1975 requires adding notional profit to the cost of production for goods captively used. The appellants argued against adding 7% profit due to incurring losses, but the Tribunal upheld the lower authorities' decision, stating that normal profit should be added regardless of temporary losses. The appeal was rejected.