https://www.taxtmi.com/caselaws?id=245862 Valuation of captively consumed agarbathi masala under Rule 8 of the Central Excise Valuation Rules, 2000 required fresh examination because the belatedly produced CAS-4 certificate and supporting material were relevant to the cost-based valuation method. The tribunal held that such material should not be rejected outright without proper verification, particularly where the dispute carried significant revenue consequences. The adjudication was set aside and the matter remanded for de novo consideration, with the assessee to be given an opportunity to place relevant evidence. Consideration of CENVAT credit was also left open for examination on remand. en-us Tue, 25 Feb 2014 00:00:00 +0530 Fri, 11 Apr 2014 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245862 Valuation of captively consumed agarbathi masala under Rule 8 of the Central Excise Valuation Rules, 2000 required fresh examination because the belatedly produced CAS-4 certificate and supporting material were relevant to the cost-based valuation method. The tribunal held that such material should not be rejected outright without proper verification, particularly where the dispute carried significant revenue consequences. The adjudication was set aside and the matter remanded for de novo consideration, with the assessee to be given an opportunity to place relevant evidence. Consideration of CENVAT credit was also left open for examination on remand. Case-Laws Central Excise Tue, 25 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245862