https://www.taxtmi.com/caselaws?id=72813 Captively consumed excisable goods valued under Rule 6(b) of the Central Excise (Valuation) Rules, 1975 must include the cost of production or manufacture plus the profit ordinarily expected from their sale. A loss incurred during the relevant period does not establish that such goods would normally be sold without profit and does not displace the applicable normal profit margin. A 7% notional profit addition, supported by actual profits earned in the preceding year, was treated as reasonable for valuation purposes. en-us Fri, 06 Feb 1987 00:00:00 +0530 Wed, 25 May 2011 12:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72813 Captively consumed excisable goods valued under Rule 6(b) of the Central Excise (Valuation) Rules, 1975 must include the cost of production or manufacture plus the profit ordinarily expected from their sale. A loss incurred during the relevant period does not establish that such goods would normally be sold without profit and does not displace the applicable normal profit margin. A 7% notional profit addition, supported by actual profits earned in the preceding year, was treated as reasonable for valuation purposes. Case-Laws Central Excise Fri, 06 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72813