https://www.taxtmi.com/caselaws?id=114992 Valuation of scrap for excise duty must reflect the actual quality and market utility of the goods cleared, and a higher rate for a different scrap category cannot be applied without acceptable evidence of true comparability. The scrap generated by the assessee was milling, turning and swarf scrap suitable for melting, while the job worker's scrap consisted of end bits and cut bits capable of direct use in manufacture. As the two categories were materially different and the department failed to prove that the assessee's adopted value was incorrect, the lower value adopted by the assessee was upheld and the differential duty demand was rejected. en-us Tue, 14 Sep 2004 00:00:00 +0530 Tue, 22 May 2012 17:52:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114992 Valuation of scrap for excise duty must reflect the actual quality and market utility of the goods cleared, and a higher rate for a different scrap category cannot be applied without acceptable evidence of true comparability. The scrap generated by the assessee was milling, turning and swarf scrap suitable for melting, while the job worker's scrap consisted of end bits and cut bits capable of direct use in manufacture. As the two categories were materially different and the department failed to prove that the assessee's adopted value was incorrect, the lower value adopted by the assessee was upheld and the differential duty demand was rejected. Case-Laws Central Excise Tue, 14 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114992