https://www.taxtmi.com/caselaws?id=125732 Royalty paid under the agreement was held not includible in the assessable value at the bulk stage for central excise valuation. Bulk horlicks was valued on a cost-construction basis under Rule 8 of the Central Excise Valuation Rules, 2000, while retail packs were assessed on MRP under Section 4A of the Central Excise Act, 1944. The royalty was linked to sales and already formed part of the retail price. The Tribunal also noted compliance with CAS-4 principles and treated the valuation as revenue neutral because any duty paid at the bulk stage would be available as Cenvat credit. The appeals succeeded. en-us Fri, 19 Dec 2008 00:00:00 +0530 Mon, 29 Oct 2012 16:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125732 Royalty paid under the agreement was held not includible in the assessable value at the bulk stage for central excise valuation. Bulk horlicks was valued on a cost-construction basis under Rule 8 of the Central Excise Valuation Rules, 2000, while retail packs were assessed on MRP under Section 4A of the Central Excise Act, 1944. The royalty was linked to sales and already formed part of the retail price. The Tribunal also noted compliance with CAS-4 principles and treated the valuation as revenue neutral because any duty paid at the bulk stage would be available as Cenvat credit. The appeals succeeded. Case-Laws Central Excise Fri, 19 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125732