https://www.taxtmi.com/circulars?id=7272 Fixing assessable value for captively consumed goods requires adding a profit component; the term "gross profit before tax" in the Board's earlier instruction means profit before tax and excludes interest, depreciation and similar charges, with profits considered net only after provision for payment of taxes. en-us Tue, 11 Mar 1986 00:00:00 +0530 Thu, 09 Jul 2009 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7272 Fixing assessable value for captively consumed goods requires adding a profit component; the term "gross profit before tax" in the Board's earlier instruction means profit before tax and excludes interest, depreciation and similar charges, with profits considered net only after provision for payment of taxes. Circulars Central Excise Tue, 11 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7272