2012 (7) TMI 535

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..... rected against the order in appeal No. KS/277/Daman/2006 dated 24.08.2006.   2. The brief facts, that arise for our consideration is that the appellant herein is manufacturer of Parachute Jasmine and Parachute Sampoorna products for the period March 2002 to November 2003, as job worker for M/s. Marico Industries Limited. The issue involved in this case is regarding valuation of final product .....

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..... tant certificate produced before the first appellate authority indicates the value of the raw material cost and, if the first appellate authority had any doubts, they could have asked for further details from the appellant. It is his submission that having not done so, the order of the first appellate authority is erroneous.   4. After hearing the learned SDR and perusal of records, we find .....

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..... d Accountant s certificate is for the finished goods without having any cost data and showing details of raw materials price and other expenses etc. In our considered view, a professional s certificate cannot be summarily dismissed, as the said professional, in this case, Chartered Accountant must have gone through the accounts and entire records produced before him. If the lower authorities had a .....

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