https://www.taxtmi.com/caselaws?id=94183 In a job-work valuation dispute under the Ujagar Prints principle, the declared assessable value was accepted because the department did not prove that it fell below the proper cost of raw materials, manufacturing cost and job-worker profit; the demand for additional excise duty under the 1957 Act was therefore unsustainable and was set aside. Penalty under Rule 173Q and confiscation of goods and plant could not be sustained on the same alleged evasion basis, because that penalty framework did not apply to additional excise duty under the 1957 Act; those portions of the order were also set aside. en-us Fri, 10 Jul 1998 00:00:00 +0530 Sat, 19 Nov 2011 16:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94183 In a job-work valuation dispute under the Ujagar Prints principle, the declared assessable value was accepted because the department did not prove that it fell below the proper cost of raw materials, manufacturing cost and job-worker profit; the demand for additional excise duty under the 1957 Act was therefore unsustainable and was set aside. Penalty under Rule 173Q and confiscation of goods and plant could not be sustained on the same alleged evasion basis, because that penalty framework did not apply to additional excise duty under the 1957 Act; those portions of the order were also set aside. Case-Laws Central Excise Fri, 10 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94183