https://www.taxtmi.com/caselaws?id=236948 Job-work valuation outside the special no-duty procedures under the Central Excise Rules and CENVAT Credit Rules is assessed under Section 4 of the Central Excise Act, 1944, and retained scrap may be added where it affects conversion charges. Revenue neutrality is not established merely because credit may be available to a separate principal manufacturer, since the job-worker and buyer remain distinct legal entities. The discussion also notes that extended limitation may depend on the evidence on record, and that stay relief can be limited to the quantified normal-period demand subject to compliance. en-us Tue, 15 Nov 2011 00:00:00 +0530 Fri, 13 Sep 2013 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236948 Job-work valuation outside the special no-duty procedures under the Central Excise Rules and CENVAT Credit Rules is assessed under Section 4 of the Central Excise Act, 1944, and retained scrap may be added where it affects conversion charges. Revenue neutrality is not established merely because credit may be available to a separate principal manufacturer, since the job-worker and buyer remain distinct legal entities. The discussion also notes that extended limitation may depend on the evidence on record, and that stay relief can be limited to the quantified normal-period demand subject to compliance. Case-Laws Central Excise Tue, 15 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236948