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of <h1>Department's Appeal Dismissed: 10% Profit on Cost of Production to be Added</h1> <h3>COMMISSIONER OF CENTRAL EXCISE, GUNTUR Versus GODAVARI PLYWOODS LTD.</h3> The Department appealed an Order-in-Appeal on assessable value of goods consumed captively. The Tribunal held that a 10% profit based on cost of ... Valuation - Captive consumption The Department appealed against an Order-in-Appeal regarding assessable value of goods captively consumed. Tribunal ruled profit should be added at 10% based on cost of production. Appeal disposed in favor of respondents.
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