https://www.taxtmi.com/caselaws?id=119720 The Tribunal ruled in favor of the Revenue, overturning the Commissioner (Appeals) order that allowed the reduction of Rs. 380/- per MT for spent sulphuric acid in the assessable value of sulphonic acid. The Tribunal held that the assessable value should not deduct the value of waste or by-products, emphasizing that such materials should be returned to the principal manufacturer or cleared with appropriate duty payment. The decision highlighted the need to consider the total cost of inputs and processing charges in determining the assessable value for duty calculation. en-us Wed, 31 May 2006 00:00:00 +0530 Thu, 12 Jul 2012 17:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119720 The Tribunal ruled in favor of the Revenue, overturning the Commissioner (Appeals) order that allowed the reduction of Rs. 380/- per MT for spent sulphuric acid in the assessable value of sulphonic acid. The Tribunal held that the assessable value should not deduct the value of waste or by-products, emphasizing that such materials should be returned to the principal manufacturer or cleared with appropriate duty payment. The decision highlighted the need to consider the total cost of inputs and processing charges in determining the assessable value for duty calculation. Case-Laws Central Excise Wed, 31 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119720