https://www.taxtmi.com/caselaws?id=245214 In valuation of job-worked goods cleared to a principal manufacturer, Rule 8 of the Central Excise Valuation Rules, 2007 was found not prima facie applicable because the finished goods were produced by a job worker from raw material supplied by the principal manufacturer and were not captively consumed by the job worker itself. The conversion charges were treated as already reflecting the job worker's profit, so the interim demand was not justified on that basis. Partial waiver of pre-deposit was granted subject to deposit of Rs. 10,50,000, with recovery stayed for the balance during pendency of the appeal. en-us Thu, 24 Jan 2013 00:00:00 +0530 Mon, 24 Mar 2014 13:58:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245214 In valuation of job-worked goods cleared to a principal manufacturer, Rule 8 of the Central Excise Valuation Rules, 2007 was found not prima facie applicable because the finished goods were produced by a job worker from raw material supplied by the principal manufacturer and were not captively consumed by the job worker itself. The conversion charges were treated as already reflecting the job worker's profit, so the interim demand was not justified on that basis. Partial waiver of pre-deposit was granted subject to deposit of Rs. 10,50,000, with recovery stayed for the balance during pendency of the appeal. Case-Laws Central Excise Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245214