https://www.taxtmi.com/caselaws?id=202833 For goods manufactured on job-work basis from raw materials supplied by the principal, assessable value is to be determined under the Ujjagar Prints principle: cost of raw materials at the job-worker's premises plus job charges plus the job worker's profit. The principal's depot sale price is not the proper basis unless the job-worker and the owner are related persons, and no such relationship was alleged here. Because duty had been worked out on the principal's ex-factory price instead of the correct job-work valuation, the valuation had to be re-determined and the matter remanded for fresh assessment. en-us Mon, 03 May 2010 00:00:00 +0530 Tue, 19 Apr 2011 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202833 For goods manufactured on job-work basis from raw materials supplied by the principal, assessable value is to be determined under the Ujjagar Prints principle: cost of raw materials at the job-worker's premises plus job charges plus the job worker's profit. The principal's depot sale price is not the proper basis unless the job-worker and the owner are related persons, and no such relationship was alleged here. Because duty had been worked out on the principal's ex-factory price instead of the correct job-work valuation, the valuation had to be re-determined and the matter remanded for fresh assessment. Case-Laws Central Excise Mon, 03 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202833