Valuation of Goods sold in DTA - Central Excise Practice Manual (OLD) - Central Excise

Valuation of Goods sold in DTA Section 3 of the Central Excise Act, 1944 provides that the valuation of goods manufactured in the EOU and cleared into DTA is to be done in accordance with the provisions of the Customs law. Thus, when the invoice price of the goods under-assessment is in the nature of transaction value, such invoice value can be accepted. The CBEC vide Circular No.933/23/2010-CX dated 16.8.2010 clarified that the goods sold in DTA has to be determined by sequential application of Rules 3 Rule 4 , Rule 5 , Rule 6 , Rule 7 , Rule 8 , and Rule 9 of the Customs Valuation Rules, 1988 as has been held by the CESTAT in the following cases:- - Endress Hauser Flowtec (I) Pvt. Ltd. [2008 (11) TMI 159 - CESTAT, MUMBAI] - Morarjee Brembana Ltd. [2003 (2) TMI 100 - CEGAT, MUMBAI] - Uniworth Textile Ltd. [2009 (3) TMI 391 - CESTAT, NEW DELHI]