https://www.taxtmi.com/caselaws?id=123984 Inter-unit transfers of goods within the same assessee, after reversal of Cenvat credit, were required to be valued under the applicable excise valuation rule by reference to the purchase price of the goods. The Department's attempt to adopt a cost of production plus profit margin method was not sustainable on these facts. The assessable value was therefore to be based on the original purchase price, and the differential duty demand with consequential penalty could not survive. en-us Thu, 19 Jun 2008 00:00:00 +0530 Mon, 24 Sep 2012 12:22:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123984 Inter-unit transfers of goods within the same assessee, after reversal of Cenvat credit, were required to be valued under the applicable excise valuation rule by reference to the purchase price of the goods. The Department's attempt to adopt a cost of production plus profit margin method was not sustainable on these facts. The assessable value was therefore to be based on the original purchase price, and the differential duty demand with consequential penalty could not survive. Case-Laws Central Excise Thu, 19 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123984