https://www.taxtmi.com/caselaws?id=233580 Assessable value of the final product was required to be determined by cost of production under CAS-4, and the dispute centred on whether overhead expenses, including fixed overheads, were properly allocated in that computation. The appellant challenged the cost methodology and pointed to discrepancies in the calculation, while the adjudicating authority failed to address those objections in a reasoned manner. Because CAS-4 requires overheads to be absorbed according to prescribed norms, the disputed figures needed factual verification at the original stage. The matter was therefore remanded for fresh consideration and recalculation of cost of production in terms of CAS-4. en-us Wed, 27 Feb 2013 00:00:00 +0530 Tue, 07 May 2013 17:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233580 Assessable value of the final product was required to be determined by cost of production under CAS-4, and the dispute centred on whether overhead expenses, including fixed overheads, were properly allocated in that computation. The appellant challenged the cost methodology and pointed to discrepancies in the calculation, while the adjudicating authority failed to address those objections in a reasoned manner. Because CAS-4 requires overheads to be absorbed according to prescribed norms, the disputed figures needed factual verification at the original stage. The matter was therefore remanded for fresh consideration and recalculation of cost of production in terms of CAS-4. Case-Laws Central Excise Wed, 27 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233580