2009 (3) TMI 188

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..... e Central Excise Valuation Rules, 2000. - It also transpired that while calculating the cost, the respondents have applied de-escalated price of lead, which is the main raw materials for manufacture of batteries - We find that the Rule provides for cost computation method and it is obvious that while computing cost, the escalation or de-escalation charges for the raw materials has to be taken int .....

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..... hould not be added to arrive at the assessable value. In the adjudication proceedings, the respondents pointed out that 15% has indeed been added to the cost. It also transpired that while calculating the cost, the respondents have applied de-escalated price of lead, which is the main raw materials for manufacture of batteries and the adjudicating Commissioner has accepted the same. 2. The appea .....

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