TMI Blogvaluation of goods captively consumedX X X X Extracts X X X X X X X X Extracts X X X X ..... hai all, i request your suggestions on: as per rule 8 (valuation rules) what is the % to be added to cost of production (10 or 15) when goods are partially sold and partially consumed, how val ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uation for Excise duty purposes be done-is it as per circular 643/34/2002-CX dated 1-7-2002 or as decided by Ispat Industries Ltd., Vs. CCE, Raigad ? As per the circular, goods sold @tran ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... saction value and consumed goods as per Rule 8. As per the case law all at transaction value. which is to be followed now? the latest guidance notes issued by ICWAI recommends to follow the circular. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Any latest case/clarification noted by you? whether captive consumption exemption is available to removals to various units under the same manufacturer, even when the units are not within the same p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... remises - Reply By Pradeep Khatri - The Reply = Dear Felix, It would be cost + 10%. if you are consuming say 20% @ Rs. 50 and selling 80% @ say Rs.65, then, assessable value @ Rs.65 will pre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vail. Even in the scenairo, cost +10% will prevail subject to reply no. 2. Best Regards, Pradeep Khatri - valuation of goods captively consumed - Query Started By: - Dalia Felix Dated:- 25- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5-2012 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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