https://www.taxtmi.com/caselaws?id=104233 Captively consumed Nylon Cord Yarn was valued by reference to comparable goods cleared for home consumption, with conversion cost and related elements added where direct month-wise home-clearance data was unavailable, and that valuation method was upheld as permissible, sustaining the short levy demand. Penalty under Rule 173Q of the Central Excise Rules, 1944 was not sustained because the record did not show wilful evasion or deliberate intention to evade duty, so the penalty was set aside. The challenge to the remand portion had already become infructuous after the directions were acted upon and the later order took effect. en-us Tue, 28 May 2002 00:00:00 +0530 Tue, 28 Feb 2012 12:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104233 Captively consumed Nylon Cord Yarn was valued by reference to comparable goods cleared for home consumption, with conversion cost and related elements added where direct month-wise home-clearance data was unavailable, and that valuation method was upheld as permissible, sustaining the short levy demand. Penalty under Rule 173Q of the Central Excise Rules, 1944 was not sustained because the record did not show wilful evasion or deliberate intention to evade duty, so the penalty was set aside. The challenge to the remand portion had already become infructuous after the directions were acted upon and the later order took effect. Case-Laws Central Excise Tue, 28 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104233