Valuation of goods - confectionary items - related party ...

Confectionary Valuation in Related Party Deals: Apportion ITC Cost for Mould Use, Verify Duty Payment by Leamak.

January 16, 2023

Case Laws Central Excise AT

Valuation of goods - confectionary items - related party transaction - The cost of ITC in so far as it relates to provision of mould on discounted rate to the appellant needs to be apportioned to the value of goods depending on the actual period of use of the said mould and the total production. The fact regarding payment of duty under the head “Cost of production not included by Leamak” needs to be ascertained. If duty has already been paid, duty may not be demanded again. - AT

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Valuation of goods - confectionary items - related party ...

Confectionary Valuation in Related Party Deals: Apportion ITC Cost for Mould Use, Verify Duty Payment by Leamak.

January 16, 2023

Case Laws Central Excise AT

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