https://www.taxtmi.com/caselaws?id=209182 Partially processed inputs sent out for job work under the Modvat scheme required only debit of duty attributable to the inputs, and no separate valuation of the intermediate goods was necessary. The record showed that the duty already paid on the inputs, with margin, exceeded the amount required to be reversed under Rule 57F. On that factual basis, the allegation of undervaluation with intent to evade duty was not sustainable, and the duty demand was held unjustified. The assessee was entitled to the benefit of Rule 57F and Notification No. 14/96-Central Excise (NT). en-us Tue, 04 Jan 2011 00:00:00 +0530 Mon, 18 May 2015 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209182 Partially processed inputs sent out for job work under the Modvat scheme required only debit of duty attributable to the inputs, and no separate valuation of the intermediate goods was necessary. The record showed that the duty already paid on the inputs, with margin, exceeded the amount required to be reversed under Rule 57F. On that factual basis, the allegation of undervaluation with intent to evade duty was not sustainable, and the duty demand was held unjustified. The assessee was entitled to the benefit of Rule 57F and Notification No. 14/96-Central Excise (NT). Case-Laws Central Excise Tue, 04 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209182