https://www.taxtmi.com/caselaws?id=84674 In job-work processing of grey cotton/polyester blended fabrics, assessable value is not limited to processing charges and must reflect the intrinsic value of the processed goods, including the value of material supplied, the job-work element and the manufacturing component. On the facts noted, duty on the grey fabrics was treated as sustainable in principle, but the demand could not extend beyond six months because the clearances were supported by D 3 intimations and no basis for the extended limitation period was established. The penalty was also considered excessive and was reduced. en-us Fri, 15 Dec 1995 00:00:00 +0530 Sat, 23 Jul 2011 15:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84674 In job-work processing of grey cotton/polyester blended fabrics, assessable value is not limited to processing charges and must reflect the intrinsic value of the processed goods, including the value of material supplied, the job-work element and the manufacturing component. On the facts noted, duty on the grey fabrics was treated as sustainable in principle, but the demand could not extend beyond six months because the clearances were supported by D 3 intimations and no basis for the extended limitation period was established. The penalty was also considered excessive and was reduced. Case-Laws Central Excise Fri, 15 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84674