https://www.taxtmi.com/caselaws?id=108120 In a genuine job-work arrangement for biscuit manufacture, assessable value is to be computed on the cost of raw materials plus job charges. The wholesale price at which the brand owner later sells the same goods cannot be treated as comparable goods under Rule 6(b)(i) of the Central Excise Valuation Rules, because self-same goods are not comparable for that purpose. Rule 6(b) is inapplicable where the manufacturer receives raw materials from the brand owner, processes them, and returns the finished goods; the arrangement remained principal-to-principal despite quality-control and supply terms. The valuation principle in Ujagar Prints was held applicable. en-us Thu, 12 Feb 1998 00:00:00 +0530 Fri, 30 Mar 2012 11:26:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108120 In a genuine job-work arrangement for biscuit manufacture, assessable value is to be computed on the cost of raw materials plus job charges. The wholesale price at which the brand owner later sells the same goods cannot be treated as comparable goods under Rule 6(b)(i) of the Central Excise Valuation Rules, because self-same goods are not comparable for that purpose. Rule 6(b) is inapplicable where the manufacturer receives raw materials from the brand owner, processes them, and returns the finished goods; the arrangement remained principal-to-principal despite quality-control and supply terms. The valuation principle in Ujagar Prints was held applicable. Case-Laws Central Excise Thu, 12 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108120