https://www.taxtmi.com/caselaws?id=244105 Rule 8 of the Central Excise Valuation Rules does not apply to repaired traction motors cleared after repair, because it is confined to captively consumed goods. The motors were received from customers, repaired, and cleared after intimation to the excise authorities, so the valuation provision could not be used to sustain duty demand. The process was repair, not manufacture, and therefore the foundation for invoking duty and penalty failed. On that basis, the duty demand and penalty were held unsustainable. en-us Thu, 10 Oct 2013 00:00:00 +0530 Tue, 18 Feb 2014 10:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244105 Rule 8 of the Central Excise Valuation Rules does not apply to repaired traction motors cleared after repair, because it is confined to captively consumed goods. The motors were received from customers, repaired, and cleared after intimation to the excise authorities, so the valuation provision could not be used to sustain duty demand. The process was repair, not manufacture, and therefore the foundation for invoking duty and penalty failed. On that basis, the duty demand and penalty were held unsustainable. Case-Laws Central Excise Thu, 10 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244105