https://www.taxtmi.com/caselaws?id=96008 In a genuine job-work arrangement, the job-worker is treated as the manufacturer where it manufactures the goods in its own factory and the brand owner's role is limited to supplying raw material, providing the recipe and exercising incidental quality control. For valuation, assessable value must follow the Ujagar Prints principle: raw material cost in the processor's hands plus processing charges. Brand-related goodwill is not attributable to the job-worker, and only supervisory expenses connected with receipt, storage and issue of raw material are includible; the portion linked to testing finished goods for the buyer is excluded. Valuation therefore had to be recomputed on admissible cost elements only. en-us Sat, 28 Apr 2001 00:00:00 +0530 Fri, 16 Dec 2011 15:48:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96008 In a genuine job-work arrangement, the job-worker is treated as the manufacturer where it manufactures the goods in its own factory and the brand owner's role is limited to supplying raw material, providing the recipe and exercising incidental quality control. For valuation, assessable value must follow the Ujagar Prints principle: raw material cost in the processor's hands plus processing charges. Brand-related goodwill is not attributable to the job-worker, and only supervisory expenses connected with receipt, storage and issue of raw material are includible; the portion linked to testing finished goods for the buyer is excluded. Valuation therefore had to be recomputed on admissible cost elements only. Case-Laws Central Excise Sat, 28 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96008