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<h1>Appellate Tribunal decision reduces tax demand for captively consumed goods</h1> The Appellate Tribunal upheld the demand of Rs. 1,243.51 for consumables used in manufacturing captively consumed goods. The tax demand was reduced from ... Valuation - Captive consumption The Appellate Tribunal upheld the demand of Rs. 1,243.51 for consumables used in manufacturing captively consumed goods. The Tribunal reduced the tax demand from Rs. 8,962.40 to Rs. 7,000 for notional profit calculation based on the final product's profit margin. The appeal was disposed of accordingly.