https://www.taxtmi.com/news?id=25 Valuation for excise on goods manufactured by a job-worker is based on the sale value at which the principal manufacturer sells the goods, replacing cost-plus-job-charge valuation; duty liability remains with the job-worker. If the principal sells for delivery at removal from the job-worker's factory, the transaction value at which the principal sells applies, subject to unrelated parties and sole consideration. If sold from a different place, the normal transaction value of contemporaneous sales by the principal applies under the same conditions. en-us Wed, 28 Feb 2007 18:43:00 +0530 Sat, 23 Oct 2010 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25 Valuation for excise on goods manufactured by a job-worker is based on the sale value at which the principal manufacturer sells the goods, replacing cost-plus-job-charge valuation; duty liability remains with the job-worker. If the principal sells for delivery at removal from the job-worker's factory, the transaction value at which the principal sells applies, subject to unrelated parties and sole consideration. If sold from a different place, the normal transaction value of contemporaneous sales by the principal applies under the same conditions. News - Wed, 28 Feb 2007 18:43:00 +0530 https://www.taxtmi.com/news?id=25