2015 (10) TMI 500 - SCH - Central Excise

Valuation of goods - Captive consumption - Held that - Rule 8 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules 2000, which was prevailing at that time will have no application in the present case where the goods are only partly sold under ex-factory basis and partly cleared for capitation consumption. No reason to interfere with impugned order 2003 (9) TMI 252 - CESTAT, BANGALORE - Decided against Revenue.

Summary

The Supreme Court dismissed the appeals, stating that Rule 8 of the Central Excise Valuation Rules does not apply when goods are partly sold ex-factory and partly cleared for consumption.