https://www.taxtmi.com/caselaws?id=88973 Where calcined petroleum coke was manufactured on job-work basis, valuation was held to fall under Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 because comparable factory-gate prices of the assessee's own similar product were available; resort to cost-based valuation under Rule 6(b)(ii) was therefore impermissible. The text also states that the Larger Bench ruling in Dai Ichi Karkaria did not apply, as it was rendered in the context of Rule 6(b)(ii) and captive consumption, and did not govern a dispute determined under Rule 6(b)(i). On that basis, exclusion of duty on raw materials for proforma credit was not available. en-us Tue, 25 Nov 1997 00:00:00 +0530 Thu, 22 Sep 2011 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88973 Where calcined petroleum coke was manufactured on job-work basis, valuation was held to fall under Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 because comparable factory-gate prices of the assessee's own similar product were available; resort to cost-based valuation under Rule 6(b)(ii) was therefore impermissible. The text also states that the Larger Bench ruling in Dai Ichi Karkaria did not apply, as it was rendered in the context of Rule 6(b)(ii) and captive consumption, and did not govern a dispute determined under Rule 6(b)(i). On that basis, exclusion of duty on raw materials for proforma credit was not available. Case-Laws Central Excise Tue, 25 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88973