https://www.taxtmi.com/caselaws?id=101276 Interim pre-deposit in an excise dispute was reduced where the assessee showed a prima facie case on both duty incidence and valuation. On dyed yarn, the Tribunal accepted that any duty, if payable, appeared prima facie limited to the dyeing component rather than the entire process chain of grey yarn, warping and sizing. On captive consumption valuation, it found prima facie force in applying the comparable goods method under the valuation rules, with necessary adjustment, rather than a cost-plus-profit basis; the profit element had to relate to the specific product. The balance of pre-deposit was waived and recovery stayed pending appeal. en-us Fri, 04 Jan 2002 00:00:00 +0530 Thu, 09 Feb 2012 12:24:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101276 Interim pre-deposit in an excise dispute was reduced where the assessee showed a prima facie case on both duty incidence and valuation. On dyed yarn, the Tribunal accepted that any duty, if payable, appeared prima facie limited to the dyeing component rather than the entire process chain of grey yarn, warping and sizing. On captive consumption valuation, it found prima facie force in applying the comparable goods method under the valuation rules, with necessary adjustment, rather than a cost-plus-profit basis; the profit element had to relate to the specific product. The balance of pre-deposit was waived and recovery stayed pending appeal. Case-Laws Customs Fri, 04 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101276