https://www.taxtmi.com/caselaws?id=124412 The Appellate Tribunal CESTAT, Mumbai allowed the appeal challenging the Order-in-Appeal regarding the assessable value of goods manufactured for Asian Paints Ltd. on a job work basis. The Tribunal upheld the job worker's application of Section 4 for valuing goods in 200 Ltr drums, not covered under Section 4A, rejecting the revenue's proportionate calculation argument. Relying on the precedent in Ujagar Prints v. UOI, the Tribunal found no error in the valuation method applied by the appellant. Consequently, the Tribunal set aside lower authorities' orders, emphasizing the correct legal principles in determining the assessable value of goods in bulk packs. en-us Mon, 21 Jul 2008 00:00:00 +0530 Fri, 28 Sep 2012 18:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124412 The Appellate Tribunal CESTAT, Mumbai allowed the appeal challenging the Order-in-Appeal regarding the assessable value of goods manufactured for Asian Paints Ltd. on a job work basis. The Tribunal upheld the job worker's application of Section 4 for valuing goods in 200 Ltr drums, not covered under Section 4A, rejecting the revenue's proportionate calculation argument. Relying on the precedent in Ujagar Prints v. UOI, the Tribunal found no error in the valuation method applied by the appellant. Consequently, the Tribunal set aside lower authorities' orders, emphasizing the correct legal principles in determining the assessable value of goods in bulk packs. Case-Laws Central Excise Mon, 21 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124412