https://www.taxtmi.com/caselaws?id=122717 Deemed Cenvat credit was available where duty had been paid on the exporters' selling price of processed fabrics, including special export packing, grading or value loss, and manufacturing profit, because those elements formed part of the assessable value. The Commissioner (Appeals) treated the value at which the goods left the factory as the proper duty base, and the Tribunal agreed that once the Revenue accepted that assessable value, it could not deny the corresponding deemed credit. The Tribunal also distinguished the cited job-work valuation precedent as inapplicable on the facts. en-us Fri, 03 Aug 2007 00:00:00 +0530 Thu, 16 Aug 2012 17:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122717 Deemed Cenvat credit was available where duty had been paid on the exporters' selling price of processed fabrics, including special export packing, grading or value loss, and manufacturing profit, because those elements formed part of the assessable value. The Commissioner (Appeals) treated the value at which the goods left the factory as the proper duty base, and the Tribunal agreed that once the Revenue accepted that assessable value, it could not deny the corresponding deemed credit. The Tribunal also distinguished the cited job-work valuation precedent as inapplicable on the facts. Case-Laws Central Excise Fri, 03 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122717