https://www.taxtmi.com/caselaws?id=241144 The Tribunal upheld M/s. Diffusion Engineers Ltd.'s valuation method under Rule 8 of the Central Excise Valuation Rules, 2000, for determining the value of excisable goods used in captive consumption. It rejected the Revenue's argument for applying Rule 5 and affirmed that Rule 8 was correctly applied by the respondent. The Tribunal dismissed the Revenue's appeal and upheld the lower appellate authority's decision, emphasizing that the absence of sale of goods by the respondent justified the application of Rule 8 over Rule 5. en-us Thu, 17 Oct 2013 00:00:00 +0530 Mon, 21 Apr 2014 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241144 The Tribunal upheld M/s. Diffusion Engineers Ltd.'s valuation method under Rule 8 of the Central Excise Valuation Rules, 2000, for determining the value of excisable goods used in captive consumption. It rejected the Revenue's argument for applying Rule 5 and affirmed that Rule 8 was correctly applied by the respondent. The Tribunal dismissed the Revenue's appeal and upheld the lower appellate authority's decision, emphasizing that the absence of sale of goods by the respondent justified the application of Rule 8 over Rule 5. Case-Laws Central Excise Thu, 17 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241144