https://www.taxtmi.com/caselaws?id=94035 For biscuits manufactured on job work from raw materials and packing materials supplied by the principal, assessable value must be determined under the job work valuation principle laid down in Ujagar Prints, on the basis of the deemed factory-gate value of the job worker's manufacture. The principal's resale price of similar biscuits cannot be adopted for valuation because that would depart from the governing rule for job work clearances. The valuation was therefore required to follow the job worker basis, and the issue was decided in favour of the assessee. en-us Tue, 29 Aug 2000 00:00:00 +0530 Fri, 18 Nov 2011 15:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94035 For biscuits manufactured on job work from raw materials and packing materials supplied by the principal, assessable value must be determined under the job work valuation principle laid down in Ujagar Prints, on the basis of the deemed factory-gate value of the job worker's manufacture. The principal's resale price of similar biscuits cannot be adopted for valuation because that would depart from the governing rule for job work clearances. The valuation was therefore required to follow the job worker basis, and the issue was decided in favour of the assessee. Case-Laws Central Excise Tue, 29 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94035