https://www.taxtmi.com/caselaws?id=125356 In job-work valuation of excisable goods manufactured from another party's raw materials, assessable value is confined to the cost of raw materials plus manufacturing cost and manufacturing profit already embedded in the job charges. Where the job charges received already include profit and there is no evidence of any additional consideration, no further notional profit addition is warranted. On that basis, a separate 26.04% profit element could not be added, and the declared assessable value based on job charges was accepted in favour of the assessee. en-us Wed, 25 Mar 2009 00:00:00 +0530 Tue, 12 Feb 2013 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125356 In job-work valuation of excisable goods manufactured from another party's raw materials, assessable value is confined to the cost of raw materials plus manufacturing cost and manufacturing profit already embedded in the job charges. Where the job charges received already include profit and there is no evidence of any additional consideration, no further notional profit addition is warranted. On that basis, a separate 26.04% profit element could not be added, and the declared assessable value based on job charges was accepted in favour of the assessee. Case-Laws Central Excise Wed, 25 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125356