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Central Excise - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Valuation - processed fabric - inclusion of the shrinkage factor ...


Processed Fabric Valuation Must Include Shrinkage Factor in Landed Cost; No Extra Charges for Shrinkage Allowed.

February 21, 2019

Case Laws     Central Excise     AT

Valuation - processed fabric - inclusion of the shrinkage factor - When the total quantum of the grey fabric received has been taken into account while determining the landed cost of grey fabric then the shrinkage factor is part of the total value, and there cannot be further addition to the same.

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