Valuation of Goods for Captive Consumption: Costs Based on Normal Capacity Utilization vs. Actual Production in Central Excise Laws.

Valuation of goods - Captive consumption - cost of production - Determination of assessable value - expenses are to be absorbed in cost on the basis of the normal capacity utilization, as in the present case the actual production was much lower than the production based on the normal capacity utilization and prima facie, this is what the appellant had done. - AT .....

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