https://www.taxtmi.com/caselaws?id=126409 Valuation of captively consumed goods under the Valuation Rules, 2000 turned on whether a prima facie case existed for waiver of pre-deposit and stay of recovery. The applicants argued that most goods were sold to independent buyers and that the transfer price to other units was broadly aligned with the price charged to such buyers, undermining the Revenue's proposed valuation under Rule 9 read with Rule 8. On that basis, the available sale price was treated as supporting interim relief, and waiver of pre-deposit of duty and penalty was granted with recovery stayed in favour of the assessee. en-us Thu, 28 May 2009 00:00:00 +0530 Tue, 06 Nov 2012 13:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126409 Valuation of captively consumed goods under the Valuation Rules, 2000 turned on whether a prima facie case existed for waiver of pre-deposit and stay of recovery. The applicants argued that most goods were sold to independent buyers and that the transfer price to other units was broadly aligned with the price charged to such buyers, undermining the Revenue's proposed valuation under Rule 9 read with Rule 8. On that basis, the available sale price was treated as supporting interim relief, and waiver of pre-deposit of duty and penalty was granted with recovery stayed in favour of the assessee. Case-Laws Central Excise Thu, 28 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126409