https://www.taxtmi.com/caselaws?id=107727 Profit was not required to be separately added to labour charges received by a job worker for valuation of moulds and dies manufactured on job work basis. The Tribunal held that such job-work charges ordinarily contain an element of profit, because the work could not reasonably be performed without it being embedded in the receipts. It distinguished the departmental circular as relating to captively consumed goods, not job-work clearances, and followed earlier decisions taking the same view. On that basis, the Commissioner's valuation addition was found unsustainable. en-us Tue, 17 Jun 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:11:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107727 Profit was not required to be separately added to labour charges received by a job worker for valuation of moulds and dies manufactured on job work basis. The Tribunal held that such job-work charges ordinarily contain an element of profit, because the work could not reasonably be performed without it being embedded in the receipts. It distinguished the departmental circular as relating to captively consumed goods, not job-work clearances, and followed earlier decisions taking the same view. On that basis, the Commissioner's valuation addition was found unsustainable. Case-Laws Central Excise Tue, 17 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107727