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2018 (5) TMI 1055 - HC - Central ExciseValuation - SSI Exemption - Determination of turnover - whether the value of chassis which the respondent assessee uses for fitting bodies upon manufactured vehicles should be included for ascertaining the assessee's value of aggregate clearances for the purpose of exemption as a Small Scale Industrial unit? Held that: - When one is ascertaining the aggregate value of clearances of all excisable goods for home consumption for the purpose of clause( vii) of para 2 of the said notification, in terms of clause( b) of para 3 thereof, the value of clearances of specified goods which are used as inputs for further manufacture of any specified goods within the factory of production would be excluded - the Tribunal is correct in coming to the conclusion that the value of chassis would not be included in the aggregate value of the clearances of the assessee of all excisable goods for home consumption - appeal dismissed - decided against Revenue.
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