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Central Excise - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Valuation - The tools were used for manufacture of components ...

Case Laws     Central Excise

February 8, 2017

Valuation - The tools were used for manufacture of components under job work in terms of Rule 4(5)(a). In such case no excise duty is payable. Therefore, no question of inclusion of amortisation cost of the tools arise. - AT

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