TMI Blog2016 (12) TMI 1036X X X X Extracts X X X X X X X X Extracts X X X X ..... ase [2016 (4) TMI 280 - CESTAT CHENNAI] and the ratio laid by Hon’ble Supreme Court in Ujagar Prints case [1989 (1) TMI 124 - SUPREME COURT OF INDIA] before the adjudicating authority by 31.08.2016 with a prayer to hear the matter as expeditiously as possible in September, 2016. On the date fixed, the Appellant shall co-operate with the adjudicating authority - matter on remand. - E-52-55/07 - Fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lued applying Rule 8 of the Valuation Rules, 2000 adding 10% to the cost for clearance thereof. Against such valuation, Appellant has no dispute. But, so far as the inter-mediate, when underwent processing in its Belur Unit for manufacture final output, valuation of such output is in dispute. Without accepting Appellant s submission that the final output of Bellur unit shall be valued following th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ltd. case (supra) and the ratio laid by Hon ble Supreme Court in Ujagar Prints case (supra) before the adjudicating authority by 31.08.2016 with a prayer to hear the matter as expeditiously as possible in September, 2016. On the date fixed, the Appellant shall co-operate with the adjudicating authority to re-adjudicate the matter in accordance with the ratio laid down by the Larger Bench in I.T.C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ex Court s decision in the case of Collector of Central Excise, Pune vs. Dai Ichi Karkaria Ltd. [1999 (112) ELT 353(SC)] in terms of Para 24 of the judgement which reads as under :- 24 .We think it is appropriate that the cost of the excisable product for the purposes of assessment of excise duty under Section 4(1)(b) of the Act read with Rule 6 of the Valuation Rules should be reckoned as it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he cost of the final product I would include ₹ 90/- on this account. This, in real terms, is the cost of the raw material (exclusive of freight, insurance and the like) and it is this, in our view, which should properly be included in computing the cost of the excisable product. 8. We have no difference to the above proposition of the ld.Counsel. The authority with due regard to the ab ..... X X X X Extracts X X X X X X X X Extracts X X X X
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