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2018 (12) TMI 7 - CESTAT HYDERABADValuation - P or P medicaments - period 21.05.2004 to 08.01.2005 - Held that:- The valuation of P or P medicaments manufactured by loan licensee/ job worker is now settled by the Apex Court in the case of Cosme Farma Laboratories Ltd [2015 (4) TMI 355 - SUPREME COURT], where it was held that Once it has been determined that the job workers are the manufacturers, the assessable value of the goods would be a sum total of cost of raw material, labour charges and profit of the job workers, as per circular No.619/10/2002-CX dated 19th February, 2002. The matter remanded back to the adjudicating authority to reconsider the issue afresh after following principles of natural justice.
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