https://www.taxtmi.com/caselaws?id=107474 For CTD bars manufactured on a job-work basis, assessable value includes only the cost of raw materials supplied and the conversion charges, together with the job worker's profit. Costs and profits attributable to the buyer who receives and sells the goods, including depot margin, do not form part of the manufacturing value. Freight from the job worker's factory to the depot likewise is not an element of assessable value and cannot be added. On that basis, the original valuation and duty payment were treated as correct, and the contrary valuation was set aside in favour of the assessee. en-us Wed, 26 Feb 2003 00:00:00 +0530 Thu, 22 Mar 2012 17:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107474 For CTD bars manufactured on a job-work basis, assessable value includes only the cost of raw materials supplied and the conversion charges, together with the job worker's profit. Costs and profits attributable to the buyer who receives and sells the goods, including depot margin, do not form part of the manufacturing value. Freight from the job worker's factory to the depot likewise is not an element of assessable value and cannot be added. On that basis, the original valuation and duty payment were treated as correct, and the contrary valuation was set aside in favour of the assessee. Case-Laws Central Excise Wed, 26 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107474