https://www.taxtmi.com/caselaws?id=209636 Comparable goods may be used as a benchmark for captively consumed cotton yarn where the nearby unit's yarn is materially identical and the record does not show any quality difference; on that basis, the valuation challenge based on cost construction failed. The Board circular on cost of production was also noted as supporting exclusion of non-production overheads and interest. For dyed and sized yarn, disclosure of the manufacturing process, captive consumption, and departmental verification negatived suppression of facts, so the extended period of limitation was unavailable and the demand was time-barred. en-us Wed, 06 Apr 2011 00:00:00 +0530 Sun, 05 Feb 2012 06:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209636 Comparable goods may be used as a benchmark for captively consumed cotton yarn where the nearby unit's yarn is materially identical and the record does not show any quality difference; on that basis, the valuation challenge based on cost construction failed. The Board circular on cost of production was also noted as supporting exclusion of non-production overheads and interest. For dyed and sized yarn, disclosure of the manufacturing process, captive consumption, and departmental verification negatived suppression of facts, so the extended period of limitation was unavailable and the demand was time-barred. Case-Laws Central Excise Wed, 06 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209636