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Central Excise - Started By: - Prabhat Salecha - Dated:- 15-12-2015 Last Replied Date:- 16-12-2015 - M/s. Marico ltd. Supplies raw material costing ₹ 25000 to job worker/processor M/s. Indian Extrusion. M/s. Indian Extrusion processes the raw m .....

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77; 1200 as processing charges and 200 as its profit margins. The cost of transportation of RM to premises of Indian Extrusion is ₹ 200 and sending the plastic jars to APPL is 60 rs. The rate is 12% Compute assesable value of M/s Indian Extrusi .....

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ble Supreme Court 2010(260)/ELT/A84 (SC) in the case of P.R. Rolling Mills Pvt. Ltd.= 2010 (9) TMI 1072 - SUPREME COURTfor computation of transaction value/assessable value for payment of Central Excise duty. - Reply By Ganeshan Kalyani - The Reply = .....

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y By Prabhat Salecha - The Reply = What I think its solution can be.. As I found it a case of captive consumption so as per Rule8 of valuation of excise the assessable value is 110% of cost of production.So cost of production =RM 25000Processing 1200 .....

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roduction becoz Rule 10(A)(iii) says dat transportation charges of place of delivery are not added to assessable value but I think dat place of delivery transportation charges are yet related to a mfg. Process dat is packaging so we should add it - R .....

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ers to APPL called 'C' . (C is A's own unit.). Product is completed at the hands of C. Now we can say that finished product has not been sold/is not to be sold by B, the job worker. It will be sold by C (APPL) who completes the finishing .....

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