https://www.taxtmi.com/caselaws?id=93720 In job-work manufacture, assessable value under Section 4 is determined by the landed cost of raw materials supplied by the customer plus the job worker's processing charges, manufacturing expenses and profit. The customer's subsequent resale price or trading profit does not form part of assessable value. A further uplift of the job charges by loading them again on the raw-material cost was held inconsistent with settled valuation principles, so the contrary valuation approach was not sustainable. en-us Mon, 19 Jun 2000 00:00:00 +0530 Wed, 16 Nov 2011 14:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93720 In job-work manufacture, assessable value under Section 4 is determined by the landed cost of raw materials supplied by the customer plus the job worker's processing charges, manufacturing expenses and profit. The customer's subsequent resale price or trading profit does not form part of assessable value. A further uplift of the job charges by loading them again on the raw-material cost was held inconsistent with settled valuation principles, so the contrary valuation approach was not sustainable. Case-Laws Central Excise Mon, 19 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93720