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    <title>2000 (5) TMI 267 - CEGAT, MUMBAI</title>
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    <description>Valuation of captively consumed cotton and cellulosic yarn under rule 6(b)(ii) turned on whether margin of profit should be computed with reference to the textile division producing the goods or the assessee&#039;s overall profit position. The Tribunal noted support from an earlier decision and observed that the fairness of the margin applied by the lower authority required reconsideration. It waived pre-deposit and remitted the valuation issue for fresh determination, leaving the margin of profit to be recalculated on reconsideration.</description>
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      <description>Valuation of captively consumed cotton and cellulosic yarn under rule 6(b)(ii) turned on whether margin of profit should be computed with reference to the textile division producing the goods or the assessee&#039;s overall profit position. The Tribunal noted support from an earlier decision and observed that the fairness of the margin applied by the lower authority required reconsideration. It waived pre-deposit and remitted the valuation issue for fresh determination, leaving the margin of profit to be recalculated on reconsideration.</description>
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